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StubHub to price IPO at $23.50, valuing company at $8.6 billion

The StubHub logo is seen at its headquarters in San Francisco.Online ticket platform StubHub is pricing its IPO at 23.50,CNBCsLesliePickerconfirmedonTuesday.Thepricingcomesatthemidpointoftheexpectedrangethatthecompanygavelastweek.At23.50, CNBC's Leslie Picker confirmed on Tuesday.The pricing comes at the midpoint of the expected range that the company gave last week. At 23.50, the pricing gives StubHub a valuation of 8.6billion.StubHubwilltradeontheNewYorkStockExchangeunderthesymbol"STUB."TheSanFranciscobasedcompanywascofoundedbyEricBakerin2000,andwasacquiredbyeBayfor8.6 billion. StubHub will trade on the New York Stock Exchange under the symbol "STUB." The San Francisco-based company was co-founded by Eric Baker in 2000, and was acquired by eBay for 310 million seven ...