StubHub Holdings, Inc. (NYSE: STUB)

This lawsuit is for anyone who acquired securities in StubHub Holdings, Inc. (NYSE: STUB) from September 17, 2025 through November 24, 2025.

The lawsuit alleges that the Company and certain of its executives violated federal law. Specifically, the lawsuit alleges that, in the Prospectus to the Company’s IPO, the Company misled investors regarding its financial condition. More specifically, the lawsuit alleges that the Company misled investors by telling investors that the Company was experiencing temporary liquidity problems when the Company knew that the problems were more than temporary.

On November 13, 2025, the Company released its first earnings since its IPO, revealing a free cash flow of negative $4.6 million in the third quarter of 2025, a 143% decrease from the Company’s free cash flow in the year ago period, which was positive $10.6 million. On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume and traded at a lower price at the time of the filing of this lawsuit than the stock traded for at the time of the Company’s IPO.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in StubHub Holdings, Inc. (NYSE: STUB) from September 17, 2025 through November 24, 2025 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.