Is Eventbrite Stock a Buy?
In Sept. 2018, event ticketing platform Eventbrite (NYSE: EB) went public at $23 per share -- pricing at the high end of its increased range. Investor appetite for the stock was strong with shares surging 59% on the first day of trading. But a succession of earnings misses sent the stock down to a low of $15 per share before recovering to about $22 as of this writing.
While it might be tempting with shares currently trading below the IPO price, I wouldn't rush to buy Eventbrite just yet. Here's why.
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Source Fool.com
