Sotheby’s Reports Net Loss of $27.8 million for Q3

November 1st, 2018

Sotheby’s has reported a net loss of $27.8 million for the third quarter, a 19 percent drop over the same period last year.  “With respect to the market conditions,” says Sotheby’s president and CEO Tad Smith, “there are uncertainties, including political noise here and abroad, as well as rising interest rates and slowing global growth.”

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