The post StubHub Shares Plummet After $1.3 Billion Net Loss appeared on BitcoinEthereumNews.com. Topline Stubhub shares plunged more than 28% Friday after the New York-based ticketing marketplace reported a $1.3 billion net loss and declined to issue guidance for the quarter, rattling investors despite year-over-year revenue growth. A laptop keyboard and StubHub logo displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland on July 31, 2024. (Photo by Jakub Porzycki/NurPhoto via Getty Images) NurPhoto via Getty Images Key Facts Stubhub opened down 28.6% Friday and remained deep in the red, down 21.4% by midday, after StubHub CEO Eric Baker declined to issue 2026 guidance in StubHub’s latest earnings call. On Thursday, StubHub reported a net loss of $1.3 billion (-$4.27 per share) for the quarter, versus a net loss of $45.9 million(-$0.15 per share) in the same quarter last year. Stubhub noted the loss was mainly attributed to a one-time stock-based compensation charge of $1.4 billion tied to the company’s IPO. The company also reported 8% growth in revenue to $468.1 million from $433.8 million over the same period last year. Key Background The market reaction adds to what has already been a choppy start for StubHub’s life as a public company. The firm raised $800 million in its September IPO but has traded below its $23.50 debut price, even as other recent newcomers like Figma and Circle surged in their first day on Wall Street. Wedbush analysts cited by CNBC say the lack of forward guidance is compounding investor caution, especially with StubHub navigating its first full reporting cycle as a newly listed company. The quarter also came against unusually tough comparisons to last year, when Taylor Swift’s Eras Tour lifted resale demand across the industry. Read More Source: https://www.forbes.com/sites/martinacastellanos/2025/11/14/stubhub-shares-plummet-after-13-billion-net-loss/The post StubHub Shares Plummet After $1.3 Billion Net Loss appeared on BitcoinEthereumNews.com. Topline Stubhub shares plunged more than 28% Friday after the New York-based ticketing marketplace reported a $1.3 billion net loss and declined to issue guidance for the quarter, rattling investors despite year-over-year revenue growth. A laptop keyboard and StubHub logo displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland on July 31, 2024. (Photo by Jakub Porzycki/NurPhoto via Getty Images) NurPhoto via Getty Images Key Facts Stubhub opened down 28.6% Friday and remained deep in the red, down 21.4% by midday, after StubHub CEO Eric Baker declined to issue 2026 guidance in StubHub’s latest earnings call. On Thursday, StubHub reported a net loss of $1.3 billion (-$4.27 per share) for the quarter, versus a net loss of $45.9 million(-$0.15 per share) in the same quarter last year. Stubhub noted the loss was mainly attributed to a one-time stock-based compensation charge of $1.4 billion tied to the company’s IPO. The company also reported 8% growth in revenue to $468.1 million from $433.8 million over the same period last year. Key Background The market reaction adds to what has already been a choppy start for StubHub’s life as a public company. The firm raised $800 million in its September IPO but has traded below its $23.50 debut price, even as other recent newcomers like Figma and Circle surged in their first day on Wall Street. Wedbush analysts cited by CNBC say the lack of forward guidance is compounding investor caution, especially with StubHub navigating its first full reporting cycle as a newly listed company. The quarter also came against unusually tough comparisons to last year, when Taylor Swift’s Eras Tour lifted resale demand across the industry. Read More Source: https://www.forbes.com/sites/martinacastellanos/2025/11/14/stubhub-shares-plummet-after-13-billion-net-loss/