All articles tagged with #secondary market
An investigative piece exposes a murky private-share market where investors trade pre-IPO stakes in SpaceX and OpenAI via brokers and online platforms. Deals often come with opaque valuations, limited liquidity, and regulatory gray areas, raising risks of illiquidity, misrepresentation and scams; buyers should beware that these shares may never become publicly tradable.
Resale prices for the 2026 World Cup in the U.S. have fallen across most matches as kickoff nears, with the U.S. opener vs. Paraguay showing notable bargains on resale sites (Category 1 about $1,323 vs FIFA’s primary $2,735). Across 52 group-stage games, 25 now have at least one resale price below FIFA’s prices, and several matches feature savings above $100. Despite declines, resale prices generally remain higher than primary-market prices for all knockout matches and for many high-demand group games; Mexico’s market is constrained by local law, and FIFA has been releasing inventory in batches while seeking to spur sales.
Investors are scrambling to buy Anthropic’s private stock as the AI startup’s rapid growth and momentum drive a scarce secondary market, with offers ranging from cash to partnerships and rumors of valuations around or above $1 trillion, while most insiders hold firm and the pool of sellers remains thin.
Parking passes for the Hard Rock Stadium Express lots are sold out for the Miami-Indiana CFP National Championship, pushing fans to the secondary market where prices range from about $444 to nearly $9,881 on Gametime (and roughly $128–$135 on StubHub for express lots). The CFP urges using the Hard Rock Stadium Express lots (Lot 70 North and Lot 95 South) and free shuttles to the stadium; you’ll need a game ticket to enter closer lots and to board shuttles. Lot opens at 11 a.m. for a 7:30 p.m. kickoff; gates open at 4:30 p.m. Fans should expect strict security and an extended perimeter, with police directing those in parking areas after kickoff. Rideshares are encouraged to drop off at express lots and riders should request pickups there for the return; plan travel time accordingly.
Only a small portion of UM’s 20,000 CFP Championship tickets were set aside for students (1,000, with 500 more later), allocated by lottery. With demand far exceeding supply, many fans face expensive options on the secondary market as the national title game at Hard Rock Stadium approaches.
Private equity firms are facing significant challenges after a period of rapid growth, including difficulties in fundraising, slower asset sales, and declining returns, prompting industry leaders to focus on returning capital and diversifying investment strategies amid a tougher market environment.
Pop Mart's sales more than tripled in the first half of the year, driven by the popularity of the Labubu doll, leading to a surge in profits and a significant increase in company valuation, despite concerns over the blind box format and its sustainability.
The FTC has sued Maryland-based Key Investment Group for illegally purchasing and reselling hundreds of thousands of tickets, including thousands for Taylor Swift's Eras Tour, at inflated prices by bypassing Ticketmaster's security measures. The company allegedly used thousands of accounts and virtual credit cards to circumvent purchase limits, making over $64 million from resales, violating federal laws. The case highlights ongoing issues with ticket scalping and online security measures.
The 2026 Masters ticket prices will increase from $140 to $160 following a crackdown on the secondary ticket market by Augusta National, which has also canceled many tickets bought through third parties. Tickets are allocated via a lottery system, with high demand and limited availability.
Blackstone agreed to purchase $5 billion of private equity stakes from the New York City pension system in a strategic move to realign its portfolio, amidst a broader trend of secondary market transactions driven by higher interest rates and market conditions. The sale involved multiple funds and managers, with the pension system aiming to optimize its investments without immediate liquidity needs.
Rolex's 2024 watch debuts at the Watches and Wonders trade show in Geneva signal a return to normalcy after the hype of 2023, with refreshed looks and precious metals. Key releases include a new GMT-Master II in stainless steel, a bold 18K gold Deepsea, and upscale versions of the Cosmograph Daytona. While the new models may not match the hype of last year, they are still expected to be sales hits and investments, despite a weakening secondary market. Rolex is addressing supply issues by introducing a certified pre-owned program and expanding production, but CEO Jean-Frédéric Dufour warns of challenges ahead due to a strong Swiss franc, material costs, and higher interest rates.
The estimated valuations of 11 leading private fintech startups have declined by as much as 79% due to a significant drop in venture capital funding for the industry. New platforms like Caplight and Notice are now providing valuation estimates based on secondary-market trades they track. Despite the declines, some startups have started to recover, with companies like Stripe, Klarna, and Ramp seeing their valuations tick back up. However, valuing companies based on secondary-market data has its limitations and critics, and the market remains uncertain as investors navigate the aftermath of the fintech funding boom and subsequent bust.
The get-in ticket prices for Super Bowl LVIII at Allegiant Stadium are on track to be the most expensive in the game's history, with the cheapest available seat hovering around $7,790, surpassing the previous record set during the pandemic-reduced capacity Super Bowl in 2021. The demand reflects the historic nature of the first Super Bowl in Las Vegas and the significant price hikes for Raiders home games at Allegiant Stadium. StubHub reports strong sales, with the 49ers fan base driving the most demand, and buyers from 16 countries outside the United States.
The get-in ticket prices for Super Bowl LVIII at Allegiant Stadium are on track to be the most expensive in the game's history, with the cheapest available seat hovering around $7,790, surpassing the previous record set during the pandemic-reduced capacity Super Bowl in 2021. The demand reflects the historic nature of the first Super Bowl in Las Vegas, with strong sales trends pointing to an expected peak buying period on Thursday. StubHub has seen strong sales, with the 49ers fan base accounting for the most demand, and buyers from 16 countries outside the United States.
Tickets to see Iowa's Caitlin Clark play in person are in high demand, with most road games at Big Ten arenas sold out for the remainder of the season. Prices on secondary market sites are soaring, with some tickets going for over $1,000. Clark's stellar performance and the surge in women's basketball popularity have contributed to the increased ticket demand, with Iowa selling out nearly every road game. The article also provides a breakdown of ticket availability and prices for upcoming games.