StubHub Delays IPO Launch Due to Choppy Market Conditions

StubHub is delaying the launch of its initial public offering (IPO) until at least September due to market conditions. The ticketing marketplace, which aimed for a valuation of around $16.5 billion, is one of several companies postponing IPOs. StubHub had previously filed confidential paperwork with the Securities and Exchange Commission (SEC), planning to make it public by the end of the week. However, the company has now decided to delay the deal until after Labor Day. The timeline remains flexible and subject to further changes.