Sotheby’s Faces Headwinds that Could Hurt Its Investors

Third Point and Marcato are heavily invested in the auction house, but weakening demand from buyers in China and elsewhere could put further pressure on the stock, an analyst warns.

September 23, 2014


	Daniel Loeb (Bloomberg)

The activist hedge fund firms that have been pushing for change at Sotheby’s may have won their big boardroom battle.

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.

Sothebys Third Point Marcato

Portfolio

October 24, 2024