Why StubHub Holdings Stock Crashed This Week
Investors are cautious after the company squandered the opportunity presented by the World Cup.
Overview
Shares of StubHub (NYSE: STUB) were trading sharply lower this week, falling as much as 17%, according to data supplied by S&P Global Market Intelligence. As of 1:31 p.m. ET on Thursday, the stock was still down 16.8%.
The catalyst that sent the ticketing platform and entertainment specialist plunging was a hangover from its recent financial report and a bearish outlook by Wall Street.
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.