U.S. ticketing giant $Stubhub Holdings (STUB.US)$，a former subsidiary of eBay, debuted on the NYSE on September 17 with an offering price of $22–25 per share. The IPO raised $850 million, valuing the company at $9 billion — 45% lower than initially anticipated. StubHub opened just 8% higher on its first trading day, briefly surged 18% intraday, then sold off sharply to close 6% below the offer price. Market sentiment remains cautious, with elevated near-term volatility risks. What are your views on the stock's future trajectory?