StubHub stock plummets 24% after company withholds fourth-quarter guidance
1. StubHub's stock fell 24% due to withheld financial guidance. 2. CEO states ticket release timing influences demand predictability. 3. Demand for live events remains strong despite guidance uncertainty. 4. Third quarter revenue grew 8% to $468.1 million, exceeding estimates. 5. Analysts express surprise at the absence of financial outlook.