Shares of Sea Limited (NYSE: SE) finished last month up 14%, according to data from S&P Global Market Intelligence. Sea Limited shares surged to start the month as Stephens initiated coverage with an overweight rating and a price target of $130. Analyst Alicia Yap noted strong growth in its Shopee e-commerce marketplace and Garena gaming platform from the effects of the coronavirus pandemic. Read More...
Why Sea Limited Stock Gained 14% in July
Shares of Sea Limited (NYSE: SE) finished last month up 14%, according to data from S&P Global Market Intelligence. Sea Limited shares surged to start the month as Stephens initiated coverage with an overweight rating and a price target of $130. Analyst Alicia Yap noted strong growth in its Shopee e-commerce marketplace and Garena gaming platform from the effects of the coronavirus pandemic.
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