The Traderszone Network

Published in TZ Latest News 3 August, 2017 by The TZ Newswire Staff

Falling Earnings Send Sotheby’s Lower

Every company likes to succeed, but the downside of success is that investors want you to keep building on your past achievements. Subsequent setbacks can be disappointing. For art and collectibles auctioneer Sotheby’s (NYSE: BID), a great set of earnings results in mid-2016 was good for shareholders, but it also made it much harder for the company to duplicate its strong performance in the subsequent period.

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