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home / news releases / EB - Why Eventbrite Stock Plunged Today

EB - Why Eventbrite Stock Plunged Today

Eventbrite Inc. Class A

Eventbrite (NYSE: EB) stock dove Tuesday after the company reported plunging revenue and a ballooning loss in the first quarter. Live events around the world have been canceled due to COVID-19, so investors had expected a dismal report from the event-management and ticketing specialist, but the degree of the pandemic's impact still surprised them.

Eventbrite shares were down by around 20% as of 1:35 p.m. EDT.

Image source Getty Images.

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Stock Information
Company Name: Eventbrite Inc. Class A
Stock Symbol: EB
Market: NYSE
Website: eventbrite.com
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