Your gateway to a free society
Article
StubHub Shares Plunge As Weak Outlook Fuels Fears World Cup Pulled Spending Forward
StubHub Shares Plunge As Weak Outlook Fuels Fears World Cup Pulled Spending Forward
StubHub shares plunged 20% in premarket trading as uncertainty surrounding its second-half outlook fueled concerns that World Cup demand temporarily pulled forward discretionary spending on entertainment and events.
..back near four month lows...
StubHub's second-quarter results were mixed. Revenue climbed 33% to $573.1 million, beating the $513.3 million Bloomberg consensus estimate, while adjusted EBITDA of $105.7 million also topped expectations. Earnings per share were flat, missing the 9-cent consensus estimate.
2Q26 Earnings Snapshot:
Adjusted EBITDA: $105.7 million; estimate: $101.7 million
EPS: $0;...
aboutLiberty Portal
Liberty Portal is your gateway for free markets and free thinking. We aggregate open-sourced content to promote and popularize important people and lessons within the liberty movement.
suggested
Aug 26, 2026 / Tyler Durden
US Universities Had Extensive Ties With Chinese Defense Research Labs, Air Force Study Finds
US Universities Had Extensive Ties With Chinese Defense Research Labs, Air Force Study Finds
Authored by Arthur Zhang via The Epoch Times,
Thirty U.S. academic institutions have until Aug. 31 to examine specified foreign research ties or risk losing eligibility for future federal research funding.
A model of a Chinese-made J-35A stealth fighter is displayed at an AVIC (China Aviation Industry Corporation) stand during the 15th China International Aviation and Aerospace Exhibition in Zhuhai, in southern China's Guangdong province on Nov. 14, 2024. Hector Retamal / AFP via Getty Images
Seven days after...
Read more
Jul 29, 2026 / Tyler Durden
How Does A Political Party Leader Survive This?
Jun 16, 2026 / Tyler Durden
Yum Unloads Pizza Hut Chain As Private Equity Takes On Turnaround Challenge
Yum Unloads Pizza Hut Chain As Private Equity Takes On Turnaround Challenge
Yum! Brands agreed to sell its iconic Pizza Hut chain for $2.7 billion following a strategic review, separating the struggling pizza brand from its broader restaurant portfolio, which includes KFC, Taco Bell, and The Habit Burger Grill.
LongRange Capital will acquire Pizza Hut's business outside China for $1.5 billion, while Yum China will buy the China business for $1.2 billion. Both transactions are expected to close in the third quarter.
The Stamford, Connecticut-based private equity firm typically invests in...
Read more
support
If you like what we do and want to support us, then you are a fine humanitarian. Click the link below to find out more.
Support the liberty movement
Want to get in touch?