Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Ticket reseller Stubhub eyes $9bn IPO

(Sharecast News) - Concert ticket resale platform StubHub is targeting a valuation of up to $9.2bn in a planned US listing, the company said on Monday. The firm is looking to raise up to $851m via the sale of around 34 million shares priced between $22 - $25 each as it looks to cash in on big money events.

StubHub's ticketing marketplace allows fans to purchase tickets for live events, although it has come under fire for failing to stop touts from advertising large numbers of tickets at inflated markups after they used automated bots to buy them from platforms such as Ticketmaster.

The UK government is considering a ban on for-profit ticket resale in an effort to protect consumers.

StubHub was co-founded in 2000 by Jeff Fluhr and current chief executive Eric Baker, who had initially left the firm - and launched viagogo, a rival ticket reseller - in Europe in 2006.

The company was looking at an IPO with a $16.5bn in April 2024 but shelved the plan due to "choppy" market conditions at least until the autumn of the last year. In March listing plans were again announced then put on hold in the wake of US Donald Trump's global tariff war.

Reporting by Frank Prenesti for Sharecast.com

Share this article

Related Sharecast Articles

Air France-KLM submits bid for stake in Portugal's TAP
(Sharecast News) - Air France-KLM said it had submitted a non-binding offer to buy a minority stake in TAP Air Portugal as part of the Portuguese government's plan to privatise its national airline.
Sorted Group proposes to dispose of its main trading subsidiary
(Sharecast News) - Sorted Group announced a proposal to dispose of its main trading subsidiary Sorted Group Limited on Thursday, for a nominal £1, in a move that would see the company become an AIM cash shell and pursue a new acquisition-led strategy.
Speedy Hire warns on worsening market conditions despite strategic progress
(Sharecast News) - Tools and equipment hire company Speedy Hire said on Thursday that it had delivered "significant strategic progress" in FY26, highlighted by its "transformational" partnership with Proservice and continued momentum across its core operations, but also cautioned that trading conditions had deteriorated further in the final quarter amid budget uncertainty, geopolitical tensions and customer‑driven delays.
RBC Capital Markets upgrades Berkeley to 'outperform'
(Sharecast News) - Analysts at RBC Capital Markets upgraded housebuilder Berkeley from 'sector perform' to 'outperform' on Thursday, noting the group had "acted decisively" to the challenges it had faced.

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.