Here’s Why Eventbrite’s Shares Plunged 27%

Eventbrite gave its shareholders a surprise on Thursday: a ticket aboard a stock-market drop tower. The company’s shares lost more than a quarter of their value amid disappointing earnings and a weak outlook. First-quarter revenue grew 9%–well under the 21% rate for all of 2018–to $81.3 million, short of the $83 million that analysts had […]