$38.24
0.51 (+1.35%)
Sotheby's (NYSE:BID)
CAPS Rating:
The Company through its Subsidiary engages in art auction, private sales and art-related financing activities.
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The Company through its Subsidiary engages in art auction, private sales and art-related financing activities.
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Bidders who win are being allowed to wait longer to pay and Sotheby's is guaranteeing minimum prices to sellers that they must pay if the artwork doesn't reach that price at auction.