Why Sea Limited Stock Rallied Over 11% Today
SESea(SE) The Motley Fool·2024-08-14 04:03

Earnings showed growth and increasing profitability across all three of the company's segments.Shares of Sea Limited (SE 11.66%) were rallying on Tuesday, up 11.5% as of 2:35 p.m. ET.The Southeast Asian e-commerce, fintech, and gaming company reported earnings today that were somewhat mixed relative to analyst estimates, but it showed continued improvement across all three of its segments.Sea's comeback is underwaySea Limited was one of the darlings of the pandemic era, reaching a high of $372 per share in ...