Stumbhub files for public subscription while companies begin to appear for the public

Stumbhub, online market to resell tickets, on Friday I came to the public On the New York Stock Exchange under a masculine “heel” symbol.

In the public release bulletin to obtain a preliminary general offer, the company said it lost a net of $ 2.8 million on revenues of $ 1.77 billion for 2024, compared to a profit of $ 405 million at $ 1.37 billion of revenues for 2023.

STubHub has been an old player in the ticket industry since its launch in 2000. It was purchased by EBay website For $ 310 million In 2007But it was restored by the co -founder Eric Baker in 2020 to 4 billion dollars Through his new company, Vigojo.

More than 40 million tickets were sold in the Stubhub Market last year from about a million selves, the company said in the release bulletin.

Stuubhub had formed the subscription last public, but he raised his plans due to the stagnant market conditions, CNBC previously mentioned.

The online ticket rival Sealgeek was the possible public subscription assessment last year, according to media reports. I mentioned Bloomberg In June, City Group and Wales Vargo joined the planned list of the company. Among the competitors of Stumbhub is the other Live seatsand Which was publicly published Through a private purposes in 2021, and The living nation.

After the expanding public subscription, which dates back to early 2022, the market shows clear signs of soluble. Artificial intelligence infrastructure provider Coruv It is expected that for the first time next week. clearBuy now, I paid loans later, Public subscription bulletin Last Friday. Earlier in March, Hinge Health, Digital Physiotherapy provider, It was presented with the American Securities and Stock Exchange Committee.

The seller of the cloud programs servicitan Market In DecemberThe first technical air conditioning mark is placed since then Rubik For the first time in April. A month ago, I responded I started trading on the New York Stock Exchange.

There have been many other technical subscriptions in the United States since late 2021, when high interest rates and high inflation have led to the exit of risky assets.