RTTNews | Aug 20, 2020 10:22AM EDT

10:22 Thursday, August 20, 2020 (RTTNews.com) - Shares of Eventbrite Inc. (EB) are rising almost 6 percent or $0.57 in Thursday's morning trade at $10.31 despite no specific news that could influence the event-management company's stock.

U.S. stocks are lower on Thursday amid concerns about the economic recovery after a report from the Labor Department showed an unexpected increase in first-time claims for U.S. unemployment benefits in the week ended August 15.

Eventbrite has traded in a range of $5.71 to $22.90 in the past 52 weeks.

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