StubHub stock plummets 24% after company withholds fourth-quarter guidance

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StubHub

’s stock plummeted 24% on Friday after the company withheld financial guidance for the current quarter, citing a “long-term” focus.

StubHub CEO Eric Baker told investors on Thursday’s conference call that the timing of when tickets go on sale can shift from quarter to quarter, making it hard to predict consumer demand.

Baker reiterated that demand for live events is “phenomenal,” and added that the company plans to offer an outlook for 2026 when it reports fourth-quarter results.

StubHub stock plummets 24% after company withholds fourth-quarter guidance

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