NEW YORK, Sept 16 (Reuters) - Ticket reseller StubHub ( STUB ) on

Tuesday priced its initial public offering at $23.50, within its

marketed range of $22 to $25 per share, raising about $800

million and setting the stage for its long-awaited stock market

debut.

The New York-based company, led by co-founder Eric Baker,

sold 34.04 million shares in its IPO, giving StubHub ( STUB ) an $8.6

billion valuation.

StubHub ( STUB ) is leading another busy week for the autumn IPO

market, with companies ranging from cybersecurity to e-commerce

slated to go public in New York by Friday.

Last week, half a dozen companies led by fintech giant

Klarna ( KLAR ) raised more than $4 billion combined, marking

the busiest week for the U.S. IPO market since 2021.

StubHub ( STUB ) had paused its IPO plans in April as tariff-driven

volatility rattled equities and slammed shut the new listings

market.

Founded in 2000, StubHub ( STUB ) operates a ticketing marketplace

that enables buyers from over 200 countries to purchase tickets

for live events, including sports and music performances.

While its primary focus is on secondary ticketing, StubHub ( STUB )

also offers tickets directly from artists and venues.

Earlier this month, StubHub ( STUB ) announced a multi-year agreement

with the Major League Baseball to offer tickets to games.

"Investors will be very keen on its growth plans and the

expansion opportunity into original ticket sales is certainly an

appealing part of the story," said Matt Kennedy, senior

strategist at Renaissance Capital, a provider of IPO-focused

research and ETFs.

"For consumers, switching costs are low, but there are still

network effects for having the largest ticket marketplaces, with

some very strong brand capital."

StubHub ( STUB ) had been eyeing a New York flotation for years,

having confidentially filed in 2021 to go public through a

direct listing, according to regulatory filings.

The company later abandoned the direct listing plan and

opted for a traditional IPO.

StubHub ( STUB ) is set to begin trading on the New York Stock

Exchange under the ticker symbol "STUB" on Wednesday. J.P.

Morgan and Goldman Sachs were lead joint book-running managers

for the offering.