StubHub to price IPO at $23.50, valuing company at $8.6 billion
1. StubHub's IPO priced at $23.50, valuing it at $8.6 billion. 2. Company had delayed public offering due to market instability. 3. Recent revenue rose 10% year-over-year, totaling $397.6 million. 4. StubHub's net loss increased to $35.9 million compared to last year. 5. IPO market recovery noted with several successful recent debuts.