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Why StubHub Stock Just Crashed


StubHub Holdings (NYSE: STUB) stock tumbled 12.8% through 10:10 a.m. ET Thursday after missing badly on Q4 earnings last night.

Heading into the report, analysts already weren't optimistic, forecasting the concert ticket-reselling platform would lose $0.01 per share on sales of $485.6 million.

StubHub actually lost $1.56 per share.

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Source Fool.com

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