StubHub Revives September IPO Plans After Tariff Delay

StubHub has revived its plans to go public, targeting an initial public offering (IPO) in September after previously pausing the process in April due to market volatility linked to President Donald Trump's tariff announcements. The ticket marketplace, which spun out of eBay in 2020 and is now seeking a $16.5 billion valuation, plans to list on the New York Stock Exchange under the ticker symbol "STUB." Updated filings show mixed financial results, with a 10% increase in first-quarter revenue to $397.6 million and improved operating income, despite a wider net loss compared to the previous year. The IPO roadshow is expected to begin after Labor Day, with a market debut later in the month. StubHub, a major player in the secondary ticketing industry, faces strong competition from platforms like Ticketmaster, Vivid Seats, and SeatGeek. The company’s renewed IPO effort comes amid a broader thaw in the IPO market following a slowdown caused by inflation and rising interest rates.