Starboard Value Sells Chunk of Shares in eBay

August 17, 2020

Global e-commerce giant, eBay, announced its shares ended 0.018% higher at $56.29 most recently. The stock for the company is up over 40%. 

Starboard Value, a hedge fund based out of the US, announced it has sold 74% of its stake in eBay during the second quarter. 

Currently, Starboard Value holds 2,090,000 shares in eBay, compared to 7,920,000 it reported in May. 

August 17, 2020
Victoria has been writing about property portals and marketplace sites for Online Marketplaces for over 3 years. She is also our resident artist and is responsible for all of the infographic content on the site.

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

zillow and realtor.com
Zillow And Realtor.com Forge Pre-market Pact To Counter Compass-Redfin

Zillow and Realtor.com have agreed to share pre-market listings, deepening the polarisation of the country's listings market into two rival...

Read More
brighplace apartment building 1
Ten Questions With Brian Lichtenberger, Founder of brightplace

Most of the AI search startups circling property right now are chasing homebuyers. Brightplace, a Manhattan-based proptech that launched its...

Read More
Product Roundup 1May26 2
Product and Services Roundup: Lifull HOME's, Zoopla, REA Group, Daft.ie

This week's Product Roundup is a fun one, featuring education hubs and hackathons. We'll start in Asia, where Lifull HOME'S...

Read More
vend scandanavia 3
Vend Q1 2026: Real Estate Revenues Jump 13% as AI Unit Announced

Vend, formerly Schibsted Marketplaces, recorded steady Group revenue growth while Real Estate revenues grew by 13% in the first quarter...

Read More

Editor's Pick