StubHub (STUB) Soars 11%, Shuns Class Action Lawsuit

We recently published 10 Stock With Eye-Popping Gains; 5 Are on Fresh Highs. StubHub Holdings Inc. (NYSE:STUB) was one of the top performers on Thursday.

StubHub Holdings extended its winning streak to a third day on Thursday, surging 11.36 percent to close at $15.20 apiece despite the lack of positive developments to boost buying appetite, while shunning revived notices to serve as plaintiff in a recent class action lawsuit filed versus the company.

On the same day, nearly 20 shareholder law firms reminded investors to reach out ahead of the looming January 23 deadline to lead as a plaintiff in a lawsuit against StubHub Holdings Inc. (NYSE:STUB), allegedly for misrepresenting in its registration statement its business, operations, and prospects.

According to the lawsuit, StubHub Holdings Inc. (NYSE:STUB) failed to disclose that it was experiencing changes in the timing of payments to vendors and that the changes had a significant adverse impact on its free cash flow.

StubHub (STUB) Soars 11%, Shuns Class Action Lawsuit

Founded in 2000, StubHub Holdings, Inc. (NYSE:STUB) is a newly listed company on the New York Stock Exchange, having only debuted on September 17, 2025. It is engaged in the business of offering a marketplace platform where people can buy and sell tickets online for live events.

During its initial public offering, the company was able to raise $800 million, having issued more than 34 million shares to the public.

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Disclosure: None. This article is originally published at Insider Monkey.