Podcast Summary: Becker Business with Scott Becker

Episode: StubHub Crashes + More 11-15-25
Date: November 15, 2025
Host: Scott Becker

Episode Overview

In this succinct episode of the Becker Business podcast, Scott Becker provides a quick analysis of rapidly unfolding events in the stock market—chiefly focusing on StubHub's dramatic decline, and similarly poor performances from Trump Media and Restoration Hardware (RH). The overarching theme centers on the volatility and challenges faced by high-profile companies when financial or reputational troubles strike.

Key Discussion Points and Insights

1. StubHub’s Crash

• Stock Performance: StubHub's stock plummeted by approximately 25% on late Friday, totaling a staggering 48% decline year-to-date.

• Catalyst: The drop is attributed to serious accounting issues at the company, leading to their decision to halt forward-looking guidance.

  • Insight: Scott stresses that pausing financial guidance is typically a highly negative signal for investors.
  • Market Perception: The host points out that while customers largely resent StubHub due to steep fees, shareholders obviously view the situation through a different lens.

  “They’ve decided to stop issuing guidance going forward. Always a horrible thing for a company.” — Scott Becker [00:18]

  “People have very little empathy for them because essentially... the fees are so outrageous that people all hate them. But if you’re a stockholder in StubHub, you don’t feel that way.” — Scott Becker [00:27]

2. Trump Media’s Decline

• Stock Drop: Trump Media is cited as another “biggest loser” of the day, with shares tumbling 67% since the start of the year.

• Mentioned Without Details: While no specific catalyst is given, Scott includes it to underscore the theme of sharp, notable declines in well-known firms.

  “Trump Media also getting crushed. It’s down 67% year to date.” — Scott Becker [00:44]

3. Restoration Hardware (RH) Struggles

• Stock Tumble: RH is also highlighted for its 61% year-to-date fall.

• Brief Commentary: Like Trump Media, Scott simply notes the grim statistic, emphasizing market turbulence across different sectors.

  “Finally, our age—Restoration Hardware—also down 61% year to date, down a few to date.” — Scott Becker [00:47]

Memorable Quotes

• On company hardships and public perception:

  “The challenge, of course, with the StubHubs of the world is people have very little empathy for them because… the fees are so outrageous.” — Scott Becker [00:24]

• On suspending financial guidance:

  “Always a horrible thing for a company.” — Scott Becker [00:18]

Timestamps for Key Segments

• [00:00] – Episode introduction and today’s focus: StubHub, Trump Media, RH
• [00:04] – StubHub’s 25% drop and year-to-date performance
• [00:18] – Accounting troubles and suspension of financial guidance
• [00:24] – Market empathy and consumer sentiment toward StubHub
• [00:44] – Trump Media’s 67% year-to-date drop
• [00:47] – Restoration Hardware’s 61% decline
• [00:54] – Recap of stock performance for all three companies

Tone and Language

Scott Becker maintains a direct, concise, and factual tone throughout the episode, using straightforward language and pointed commentary on market reaction and consumer sentiment toward these companies. He blends factual reporting with light editorial remarks, particularly about public empathy (or lack thereof) for companies like StubHub.

Recap

This brief Becker Business episode offers a snapshot of notable market downturns, with a particular spotlight on StubHub’s accounting woes and plummeting shares. Trump Media and RH are also highlighted as major underperformers. The tone is pragmatic, with Scott Becker delivering hard numbers and sharp observations on both business fundamentals and consumer attitudes.