Latest news with #StubHubHoldingsInc.
Bloomberg
07-04-2025
- Business
- Bloomberg
US IPO Bankers Face ‘Paralysis' After Trump Tariffs Halt Plans
Bankers are trying to game out when US initial public offerings could potentially recover after the blow dealt by President Donald Trump's tariffs put deals on hold. With the S&P 500 down 11% over the past three days and the VIX — Wall Street's so-called fear index — at levels not seen for any length of time since the early days of the Covid pandemic in 2020, companies are taking a wait-and-see approach. Dealmakers are on tenterhooks, with those leading IPOs for ticket platform StubHub Holdings Inc., payments firm Klarna Group Plc and trading platform eToro Group Ltd. freezing their preparations.
Bloomberg
04-04-2025
- Business
- Bloomberg
Trump's Trade War Hits Billions of Dollars of Deals in 24 Hours
Donald Trump's global trade war has hit billions of dollars worth of potential mergers, acquisitions and initial public offerings in less than 24 hours. Ticket platform StubHub Holdings Inc., digital payments company Klarna Bank AB and adtech group MNTN have all pressed pause on planned listings, according to people familiar with the matter, who asked not to be identified discussing confidential information. Their decisions come as markets extend deep losses in the wake of Trump's move on Wednesday to impose the steepest American tariffs in a century.
Bloomberg
04-04-2025
- Business
- Bloomberg
Klarna, StubHub Pause IPO Plans After Trump Tariffs Roil Markets
Fintech giant Klarna Group Plc and ticket platform StubHub Holdings Inc. are pausing plans for initial public offerings, people with knowledge of the matter said, after the US announced wide-ranging tariffs that sent the stock market into a tailspin. Klarna, a digital payments company founded in Stockholm, and New York-based StubHub had filed for IPOs with the US Securities and Exchange Commission in March and were gearing up to start marketing their shares to potential investors. The market turbulence has led to the companies holding off their IPO plans, said the people, who asked not to be identified as the information is private.
Bloomberg
04-04-2025
- Business
- Bloomberg
StubHub Is Said to Pause IPO Plans After Tariffs Roil Markets
Ticket platform StubHub Holdings Inc. is pausing plans for an initial public offering, a person with knowledge of the matter said, after wide-ranging plans for tariffs sent the stock market into a tailspin. The New York-based company had filed IPO paperwork with the Securities and Exchange Commission in March, though it didn't disclose the proposed size or price range for the share sale, pending a future filing. The person asked not to be identified discussing non-public information that's in flux.
