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.