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EB - There Are Multiple Reasons Eventbrite Stock Is Getting Hammered Today
Eventbrite Inc. Class A
When it rains, it pours. That's probably how Eventbrite(NYSE: EB) shareholders feel today, as multiple news items are sending shares lower on Wednesday. As of 1:15 p.m EDT, the stock was down 18%.
The common thread across the news items is this: Eventbrite's business is hurting, as the COVID-19 pandemic has cancelled large live events around the world.