STUB Stock Tumbles Nearly 13% Overnight: Ticketing Platform Posts Surprise Q2 Loss Despite FIFA World Cup-Linked Surge
StubHub’s costs and expenses rose 37% during the quarter, outpacing revenue growth. Revenue rose 33% to $573.1 million last quarter, comfortably beating analysts’ expectations of $513.3 million. STUB stock has fallen about 66% since its IPO in September last year. Stocktwits sentiment for STUB shifted to ‘extremely bullish’ from ‘bullish.’ StubHub Holdings’ stock declined 12.5% … Read more