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EB - Eventbrite Will Have A Hard Time Getting Back To Normal
Eventbrite Inc. Class A
Eventbrite (EB), unsurprisingly, has been one of the most unloved stocks in the tech sector all year. Even from the time of its IPO in September 2018 at $36 per share, Eventbrite was never popular with investors. Markets had always questioned the viability of Eventbrite's business model, the stiff competition it faces versus a host of other vendors, including Evite and Ticketmaster, and its questionable path to profitability.
The coronavirus has made Eventbrite's problems substantially worse. The stock has already lost half of its value this year as the company shores up its liquidity using