Ticket Platform StubHub Seeks $851 Million in US IPO (2)

Ticket selling platform StubHub Holdings Inc. is seeking to raise as much as $851 million in an initial public offering.

The New York-based company plans to offer about 34 million shares for $22 to $25 each, according to its filing Monday with the US Securities and Exchange Commission. At the top of the range, StubHub would have a market value of about $9.2 billion based on the outstanding shares listed in its filing.

StubHub had a net loss of $76 million on revenue of $827.9 million in the six months ended June 30, versus a net loss of $24 million ...