Sea Limited Rises 112% Year to Date: Too Late to Jump Into the Stock? [Yahoo! Finance]
Sea Limited American Depositary Shares, each representing one Class A Ordinary Share (SE)
Last sea limited american depositary shares, each representing one class a ordinary share earnings: 3/3 06:30 am
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Source: Yahoo! Finance
the broader Zacks Computer & Technology sector and the Zacks Internet Software industry. While the broader sector has returned 22.2%, the industry has appreciated 20.2% over the same timeframe. SE shares are riding on strong top-line growth, driven by its core businesses, which include e-commerce (Shopee), digital financial services (SeaMoney) and digital entertainment (Garena). In the first half of 2024, revenues jumped 19.6% from the year-ago period, driven by 23% year-over-year growth in second-quarter 2024 revenues. Strong performance from Shopee, SeaMoney and Garena is expected to deliver robust results in the second half of 2024. SE benefits from strong domestic consumption in the Southeast Asia markets. This, along with healthy retail and consumer spending trends, bodes well for SE's e-commerce business. The technical indicator is also bullish for Sea Limited as the shares trade above the 50-day moving average, which indicates robust upward momentum. SE Shares Trade Abo
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High impacting Sea Limited American Depositary Shares, each representing one Class A Ordinary Share news events
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SE
News
- Sea Limited (NYSE: SE) had its price target raised by analysts at Bank of America Co. from $84.00 to $96.00. They now have a "buy" rating on the stock.MarketBeat
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SE
Earnings
- 8/13/24 - Miss