Ticketing platform StubHub eyes up to $9 billion valuation in US IPO
News Source : CNA
News Summary
- Madron Partners-backed StubHub is targeting a valuation of up to $9.2 billion in its U.S. initial public offering.
- The ticket reseller is the latest company to resume listing plans delayed in April due to tariff uncertainty.Buoyant equity markets and robust tech earnings have sparked a long-awaited recovery in the IPO market this fall.
- StubHub's debut could be a barometer of investor appetite for consumer-focused firms, which tend to be more sensitive to macroeconomic downturns.
Madron Partnersbacked StubHub is targeting a valuation of up to $9.2 billion in its U.S. initial public offering, the ticket reseller said on Monday, becoming the latest company to resume listing pl [+1980 chars]