StubHub slumps on day 2 after IPO
** StubHub's STUB.N shares down 7.3% at $20.40, after falling as low as $20.05 early Thurs, a day after ticket-selling platform finished in the red in its debut
** STUB shares on Weds closed down 6.4% after long-awaited $800 mln IPO priced at $23.50
** At current levels, New York-based STUB is valued around $7.5 bln, based on total shares outstanding reflected in the offering prospectus
** STUB's offering came as Live Nation's LYV.N Ticketmaster was being probed by U.S. regulators over whether it’s done enough to keep bots from illegally reselling tickets on its platform, Bloomberg reported earlier this week
** Meanwhile, IPOs have been on a tear lately, as new listings continue a strong comeback after the Labor Day holiday
** Indeed, cybersecurity firm Netskope NTSK.O is set to debut on Thurs after its $908 mln IPO priced at upper end of the marketed range at $19
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