LOS ANGELES, Dec. 11, 2025 — The Portnoy Law Firm has announced a class action lawsuit on behalf of investors in StubHub Holdings, Inc. (NYSE: STUB) who purchased securities during the company’s initial public offering (IPO) in September 2025. Investors have until January 23, 2026, to file a motion to be appointed as lead plaintiff in the case.
StubHub conducted its IPO on September 17, 2025, offering 34,042,553 shares of Class A common stock at a price of $23.50 per share. However, following the release of its third-quarter financial results on September 13, which included revenue exceeding analysts’ expectations, the company did not provide a forecast for the upcoming quarter. This decision led to a negative reaction in the market, resulting in a significant drop in StubHub’s stock price, which fell by $3.95 to close at $14.87 per share on November 14, a decline of nearly 21%.
The Portnoy Law Firm, known for its advocacy for investors affected by corporate misconduct, is encouraging those impacted to reach out to attorney Lesley F. Portnoy for a complimentary case evaluation. With a notable track record of recovering over $5.5 billion for investors, the firm emphasizes the importance of protecting shareholder rights and seeks to support those potentially harmed by StubHub’s actions.
For more information or to join the case, investors can contact Lesley F. Portnoy at 844-767-8529 or via email at lesley@portnoylaw.com.
The situation illustrates the significant risks investors can face, particularly in the initial stages of a company’s public market journey. While the news may carry a cautionary tone for current investors, it also opens an opportunity for collective legal action aimed at accountability and potential recovery.