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Stock impact report

New York Auction Sales Reach US$2.5 Billion [Barron's]

Interface, Inc. (TILE) 
Last interface, inc. earnings: 2/26 05:30 am Check Earnings Report
US:NASDAQ Investor Relations: interfaceglobal.com/investor-relations.aspx
Company Research Source: Barrons
The broad strength of the art market for everything from Vincent van Gogh and Mark Rothko, to a range of emerging artists was evident over the last two weeks in a series of strong sales by the major auction houses in New York that all-in-all racked up at least US$2.5 billion. While works by younger and emerging artists energized sales during the pandemic as the auction houses turned to digital and live-streamed formats, the last two weeks proved collectors will come out in force for masterpieces. Winning bidders for most of the sales were unknown, as usual, although the J. Paul Getty Museum in Los Angeles revealed it bought Gustave Caillebotte’s Jeune homme à fenêtre, 1876, for US$50 million, from the at Christie’s, calling it a “masterpiece of modern urban realism.” And Argentinian real-estate developer, founder of the Museo de Art e Latinoamericano de Buenos Aires, announced his record-breaking purchase of Frida Kahlo’s Diego y Yo, 1949 for US$34.9 million. Collectors more well-k Show less Read more
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