Despite “Reassuring” Sale, Sotheby’s Stock Drops 13%

February 11th, 2016

Sotheby's via Art Market MonitorDespite what many are calling a “reassuring” sale last evening, the Art Market Monitor notes a 13% drop in stock price for Sotheby’s this morning, a point that notes increased pessimism from investors.  “It showed the contemporary market is in rude health in spite of the economy,” the article quotes from advisor Rory Howard.

Read more at Art Market Monitor