Sea Limited's (NYSE: SE) stock hit an all-time high of $366.99 last October, representing a 2,347% gain from its initial public offering just four years earlier. Sea's fourth-quarter earnings report in early March, which spooked investors with a sea of red ink and the slowing growth of its Garena gaming unit, caused its stock to sink to a 52-week low of $85.01 two weeks later. Let's review a new green flag for the bulls and a new red flag for the bears -- and see if they will tilt the scales in favor of either camp. Read More...
Sea Limited’s (NYSE: SE) stock hit an all-time high of $366.99 last October, representing a 2,347% gain from its initial public offering just four years earlier. Sea’s fourth-quarter earnings report in early March, which spooked investors with a sea of red ink and the slowing growth of its Garena gaming unit, caused its stock to sink to a 52-week low of $85.01 two weeks later. Let’s review a new green flag for the bulls and a new red flag for the bears — and see if they will tilt the scales in favor of either camp.
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