Sales at Sotheby’s Tepid as Stock Price Continues to Rise

September 9th, 2013

Sotheby's, via BloombergThe Wall Street Journal reports on the current state of Sotheby’s auction house going into the fall art season, detailing the company’s increasing stock price despite sales that have been less than exemplary.  With a series of high-profile investors now on board, including the recent addition of Daniel Loeb’s Third Point, Sotheby’s has a number of options standing before it to increase its value for shareholders.

Read more at Wall Street Journal