$Sea Ltd(SE)$’s rally appears

2024-11-11

$Sea Ltd(SE)$’s rally appears to have priced in strong revenue for the latest quarter, Morgan Stanley analysts wrote in a note in October. Margins in the e-commerce business “may be lower than buy-side expectations, which may lead to the stock giving up some of the recent gains”.

Sea Core Businesses on Fire: Hold Tight Till $200?

The stock jumped 6% after Sea reported net income of $410.8 million for the first quarter through March, compared with a year-earlier loss. The company is performing well against rivals TikTok and Lazada. ----------------- After earnings beat, can Sea continue its uptrend till $200? How do you view Shoppee's strong trend againts Lazada and TikTok?

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