StubHub delayed its IPO just a few weeks after filing on Friday as President Donald Trump’s new tariff plan continues to send shockwaves through the market and consumers weigh a future of potential financial and economic unrest.
The ticketing company is expected to wait and see how the market further reacts in the coming days and weeks to Trump’s aggressive global economic policies. If the market reaches a state of relative calm again, it will likely resume its efforts to go public.
StubHub allows its users to sell and buy resale tickets to a number of various live events, including concerts and sporting events.