StubHub IPO: STUB Stock Nudges Higher In Ticket Marketplace's Debut | NYGazet

StubHub IPO raises $800 million and gives the New York-based company an $8.6 billion valuation ahead of trading.

StubHub stock opened trading Wednesday slightly above its offering price of 23.50 per share. The StubHub IPO priced late Tuesday and raised $800 million for the ticket resale marketplace. StubHub (STUB) said that it sold 34 million shares at the pric... [2703 chars]