StubHub files for IPO as companies start lining up to go public

StubHub, an online ticket resale marketplace, filed for an IPO under the ticker symbol “STUB,” reporting a net loss of $2.8 million on revenue of $1.77 billion for 2024. The company, founded in 2000, was reacquired by co-founder Eric Baker in 2020 for $4 billion and facilitated over 40 million ticket sales last year. Amid a market thaw, StubHub’s IPO follows recent debuts by companies like CoreWeave and Klarna, marking a resurgence in tech offerings after a lull since late 2021.

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