 Shares of Eventbrite Inc. are off more than 23 in Tuesday trading and on track for their largest single-day percentage drop since May 2, 2019, when the shares plunged 27. Tuesdays slide comes after the company posted weaker-than-expected results that highlighted the challenges of being a ticketing business given an uncertain future for live events. RBC Capital Markets analyst Mark Mahaney said that Eventbrites paid ticketing business was imploding with 22 million paid tickets in the first quarter, down 18 from a year earlier. More key, ticket volume declined 60 year-over-year in March full month and declined 90 year-over-year mid-month similar to online travel agency room nights rides declines and has only recovered to 85 declines as of May, he wrote, while cutting his price target to 10 from 11 and reiterating a sector-perform rating. Shares have lost 62 over the past three months as the SP; 500 has declined 14. 