Ticket marketplace StubHub’s parent company, eBay, spun off the entity through an IPO, but the stock stumbled in its debut on the New York Stock Exchange. The stock dropped 1.2% to $23.58 after opening at $24. The IPO valued StubHub at around $3.3 billion. The company faced challenges amid the pandemic as live events were canceled, impacting ticket sales. This volatile debut reflects the uncertainties in the current market.

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