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StubHub Files $9.2 Billion IPO
Description
StubHub is officially going public at a potential $9.2 billion valuation, offering over 34 million shares priced between $22–$25 under the ticker STUB. The IPO comes after two delays, with Q1 revenue up 10% to $397 million but losses widening to $35.9 million. Originally bought by eBay for $310 million, StubHub was later reacquired for $4 billion by its co-founder Eric Baker.
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