StubHub plunges 20% premarket as second-half outlook turns uncertain

STUB Stubhub Holdings Inc

$5.31 +5.15%

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1. 1StubHub (STUB) shares plunged 20% in premarket trading on uncertainty over its second-half outlook
2. 2Second-quarter revenue rose 33% to $573.1 million, beating the consensus estimate
3. 3BMO cut its revenue estimate after management said it was uncertain whether World Cup demand had been pulled forward

Source Zero Hedge +1 · View original ↗

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