The Law Offices of Frank R. Cruz announces an investigation of StubHub Holdings, Inc. (“StubHub” or the “Company”) (NYSE: STUB) on behalf of investors concerning the Company’s possible violations of federal securities laws.

IF YOU ARE AN INVESTOR WHO LOST MONEY ON STUBHUB HOLDINGS, INC. (STUB), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.

What Is The Investigation About?

On September 17, 2025, StubHub had its initial public offering.

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, StubHub’s stock price fell $3.95 or 20.9%, to close at $14.87 on November 14, 2025, a 36.7% decline from the Company’s IPO price of $23.50 a share, thereby injuring investors.

Contact Us To Participate or Learn More:

If you purchased StubHub securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:

The Law Offices of Frank R. Cruz,

2121 Avenue of the Stars, Suite 800,

Century City, California 90067

Call us at: 310-914-5007

Email us at: info@frankcruzlaw.com

Visit our website at: www.frankcruzlaw.com.

Follow us for updates on Twitter at twitter.com/FRC_LAW.

If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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