StubHub shares jump after Citi upgrade on robust downloads
Citi upgraded StubHub shares on expectations “robust” downloads will boost ticket sales after World Cup-related demand wasn’t enough to offset mounting costs. Shares rose 4.3% to $6.20.
Shares of StubHub rose Friday after Citi analysts upgraded the stock, citing expectations that "robust" downloads will support ticket sales and could provide a lift after the World Cup did not offset the platform's rising costs. 20.