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STUB News6 articles
StubHub Stock Sinks Below BofA Bear Case as World Cup Costs Bite
StubHub shares dropped 1.5% to $6.83, slipping under BofA's $7.50 bear target. Q2 revenue surged 33% but costs rose faster, and analysts debate the impact.
StubHub's Profit Puzzle: Strong Sales, Thin Earnings
StubHub's record Q2 sales failed to translate into meaningful profit, but analysts still see 68% upside. The focus is on converting volume into earnings.
Live Nation Stock Near Highs as California Resale Cap Stalls
Live Nation (LYV) shares hover near record highs after California's proposed 10% resale cap was stalled, while a narrower anti-speculation bill advances.
StubHub Stock Tumbles 12% on World Cup Costs, Weak H2 Outlook
StubHub shares dropped 12.3% as World Cup-related costs offset revenue growth, with adjusted EBITDA guidance for H2 set at $222M-$242M.
Einhorn's DME Capital Takes Stake in StubHub, World Cup Demand Lifts Stock
StubHub shares jumped 23% after David Einhorn's DME Capital disclosed a new stake. Guggenheim reiterated its Buy rating, pointing to World Cup ticket demand and strong Q1 earnings.
StubHub Options Signal 13% Move Ahead of Q1 Earnings Release
Options traders anticipate a 13% swing for StubHub (STUB) ahead of its May 13 earnings report. The company faces regulatory and competitive pressures.