StubHub posted a substantial increase in second-quarter revenue, thanks in large part to the World Cup. It just wasn't able to turn a profit, and investors are selling the stock.
The World Cup was supposed to bring a windfall for StubHub. Instead it wiped out its quarterly profit and left the ticket reseller battling customers angry about fraudulent tickets and slow refunds.
Cisco and Coherent both slide despite solid earnings, while StubHub plummets as higher costs offset a World Cup boost.
The company posted a loss of $40,000 despite surging revenue from the World Cup as costs climbed.
NEW YORK--(BUSINESS WIRE)--StubHub Holdings, Inc. (NYSE: STUB), a leading global ticketing marketplace for live events, today reported financial results for the second quarter ended June 30, 2026. “The second quarter demonstrated strong demand for live events, highlighted by a record-setting World Cup. Our results reflect StubHub's leadership in the resale market and our ability to deliver thes...
The company faces complaints of lengthy fights to get money back; stranded outside a World Cup game
NEW YORK--(BUSINESS WIRE)--StubHub (NYSE: STUB) today announced the launch of the FestProtect, a festival-focused expansion of its FanProtect Guarantee designed to address the growing financial and emotional investment fans are making in live music experiences. As festivals continue to grow into larger, more immersive live experiences, fans are navigating increasingly packed schedules, travel l...