Reuters: IPOX®’s Kat Liu Comments on StubHub’s Volatile NYSE Debut

StubHub made its long-awaited public debut on the New York Stock Exchange, raising nearly $800 million in its U.S. IPO. The ticketing platform’s shares initially jumped 8% before closing at $22, 6.4% below the issue price of $23.50. The listing, which valued the company at $8.09 billion by day’s end, highlights both renewed IPO activity in U.S. markets and ongoing investor caution in consumer-facing tech sectors.

As part of the coverage, Kat Liu, Vice President at IPOX, provided expert commentary on investor sentiment around ticket resale platforms. Liu noted: “With revenue growth still slow and the industry under scrutiny for fees and fairness, investor appetite looks more measured than exuberant.”

The Reuters article situates StubHub’s performance within a broader wave of high-profile listings this fall, including Klarna, Figure, and Gemini. The company’s debut may serve as a key test for the resilience of ticketing platforms in the public markets, where peers like Vivid Seats have struggled.

Read the full article by Ateev Bhandari, Pritam Biswas, and Echo Wang on Reuters: Ticketing platform StubHub erases gains to close below issue price in choppy NYSE debut