Market Chatter: StubHub Postpones IPO Launch Until At Least September-February 2024-www.financetom.com

Market Chatter: StubHub Postpones IPO Launch Until At Least September

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Market Chatter: StubHub Postpones IPO Launch Until At Least September

Jul 12, 2024 9:08 AM

11:47 AM EDT, 07/12/2024 (MT Newswires) -- StubHub is delaying the launch of its initial public offering until September at the earliest, The Wall Street Journal reported Friday, citing a person familiar with the matter.

The company, which was eyeing a valuation of about $16.5 billion for the IPO, is delaying the launch due to choppy market conditions, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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