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Why Eventbrite Stock Was Climbing Today

TheMotleyFool

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Why Eventbrite Stock Was Climbing Today: https://g.foolcdn.com/editorial/images/722964/fans-at-a-concert-screaming-enthusiastic-phones.jpg

Shares of Eventbrite (NYSE: EB), the event-management platform, were moving higher today after the company turned in a better-than-expected fourth-quarter earnings report and offered strong guidance for the first quarter.

As a result, the stock was up 12.4% as of 12:46 p.m. ET.

Revenue in the quarter rose 20% to $71.5 million as the company continued to benefit from tailwinds in the live-event space. That result edged out expectations at $71.2 million.

Source Fool.com

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