Investors in StubHub Holdings, Inc. (NYSE: STUB) should be aware of an important deadline approaching. The deadline to file a lead plaintiff motion in a class action lawsuit is January 23, 2026. This class action is for those who purchased StubHub common stock linked to the company’s September 2025 initial public offering (IPO).
Key Dates and Financial Overview
StubHub’s IPO took place on September 17, 2025, offering around 34 million shares at $23.50 each. Recently, the company announced its third-quarter financial results, revealing significant challenges.
- Third Quarter Financials:
- Free Cash Flow: -$4.6 million (a 143% drop from the previous year’s $10.6 million)
- Net Cash from Operating Activities: $3.8 million (a 69.3% decline from $12.4 million the previous year)
Following this announcement, StubHub’s stock price plummeted by $3.95 per share, closing at $14.87 on November 14, 2025. This represents a nearly 56% decrease from its IPO price.
Lawsuit Details
The class action lawsuit alleges that the Registration Statement issued during the IPO was misleading. Investors were not informed of the following critical issues:
- Changes in vendor payment timing significantly impacted free cash flow.
- These changes misrepresented the company’s cash flow situation.
- Defendants’ positive statements regarding the business were misleading and lacked a reasonable basis.
Next Steps for Investors
If you acquired StubHub stock during the IPO, you may request to be appointed as lead plaintiff by January 23, 2026. This action does not require you to take any immediate steps to join the class.
Please feel free to reach out to the legal representatives for further information about your rights or to discuss participation in the lawsuit.
Contact Information
For more details regarding this class action, contact:
- Charles Linehan, Esq.
- Glancy Prongay Wolke & Rotter LLP
- 1925 Century Park East, Suite 2100, Los Angeles, California 90067
- Email: [email protected]
- Phone: 310-201-9150 | Toll-Free: 888-773-9224
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