 Shares of Eventbrite Inc. are up 24.5 in Monday afternoon trading and on track for their largest single-day increase on record if the gains hold through the close. The stocks largest single-day rally heading into Mondays session was a 23 gain on Nov. 8, 2019. Mondays stock surge comes after SunTrust Robinson Humphrey analyst Youssef Squali upgraded the stock to buy from hold, writing that shares had dropped 40 since the companys disappointing earnings report last week, which he deemed an overreaction even as the company suffers from event cancellations due to the pandemic. While not out of the woods yet, Eventbrites valuation has priced in the most extreme scenario, which is highly unlikely in our view, he wrote. Current liquidity, financing from Francisco Prtrs, and cost cuts should enable Eventbrite to weather the crisis. Shares are still down 63 over the past three months as the SP; 500 has lost 12. 