Starboard Value Sells Chunk of Shares in eBay

August 17, 2020
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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. 

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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.

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