Why Sea Limited Stock Rocketed Higher on Tuesday
The Southeast Asian tech powerhousey delivered better-than-expected results.
Overview
Shares of Sea Limited (NYSE: SE) charged sharply higher Tuesday, gaining as much as 14.8%. As of 11:48 a.m. ET, the stock was still up 12.8%.
The catalyst that sent the e-commerce, digital entertainment, and fintech specialist higher was its quarterly financial report, as some aspects were much better than expected.
Image source: The Motley Fool.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.