1 of 3 | On Wednesday, the StubHub logo hung on a banner at the entrance to the NYSE before the opening bell on the day of StubHub's IPO on the New York Stock Exchange in New York City. Photo by John Angelillo/UPI | License Photo
Sept. 17 (UPI) -- The online ticket retailer StubHub on Wednesday hit the New York Stock Exchange for the first time.
Stock shares in StubHub's initial NYSE public offering opened at $25.35 per share under the ticker "STUB" and pulled in about $800 million in revenue for the 25-year-old company.
Its Wall Street debut had been put on hold after the initial wave of uncertainty surrounding the announcement of U.S. President Donald Trump's so-called "Liberation Day" and sweeping tariff policies, and joined Sweden-based "buy now, pay later" service Klarna in holding off its IPO until recently.
The company generates revenue primarily by connecting ticket resellers with online buyers and is a direct competitor to other companies such as Ticketmaster's Live Nation Entertainment, Vivid Seats and SeatGeek.
