Will StubHub complete an initial public offering before December 31, 2024?
3
16
Ṁ115Ṁ160
2025
56%
chance
1D
1W
1M
ALL
StubHub is hoping for a summer IPO at a $16 billion valuation. https://www.cnbc.com/2024/04/12/stubhub-eyes-summer-ipo-seeks-16point5-billion-valuation.html
To resolve YES, it should have a tradeable stock ticker and the public should be able to buy or sell shares in StubHub through a brokerage account, by the end of 2024 - while "public offering" typically refers to a sale of shares, it also is shorthand for "the public can trade on the stock." I'm agnostic on the actual format used, Dutch auction, direct listing, etc doesn't matter to me.
An article in The Information today makes the case that StubHub is asking too high of a price. https://www.theinformation.com/articles/why-stubhub-likely-wont-buy-a-ticket-to-the-ipo-ride
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