A securities class action has been filed against StubHub Holdings, Inc. (STUB) on behalf of persons and entities that purchased or otherwise acquired StubHub common stock pursuant and/or traceable to the registration statement and prospectus (collectively, the “Registration Statement”) issued in connection with the Company’s September 2025 initial public offering. This case has been filed in the USDC – SDNY.
On or around September 17, 2025, StubHub conducted its initial public offering (“IPO”) of 34,042,553 shares of Class A common stock priced at $23.50. Then, on September 13, 2025, StubHub reported its financial results for the third quarter of 2025. Although StubHub reported revenue that exceeded consensus expectations, the Company declined to provide a forecast for the current quarter, prompting some analysts to downgrade StubHub or cut their price target.
On this news, StubHub’s stock price fell $3.95 per share, or 20.99%, to close at $14.87 per share on November 14, 2025.
Then, on November 17, 2025, the United Kingdom’s Competition and Markets Authority announced “an investigation into [StubHub’s] compliance with consumer protection law” in connection with a review of online pricing practices.
On this news, StubHub’s stock price fell another $0.76 per share, or 5.93%, to close at $12.06 per share on November 18, 2025.