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. 

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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