What's Going On With Sea Limited Stock?
Portfolio Pulse from Erica Kollmann
Sea Limited (NYSE:SE) shares are trading higher on heavy volume, despite no company-specific news. The stock is still down over 30% in the last three months. The shares are trading near the low of its 52-week range. Sea Limited operates Southeast Asia's largest e-commerce company, Shopee.
September 25, 2023 | 4:23 pm
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Sea Limited shares are trading higher on heavy volume, despite no company-specific news. The stock is still down over 30% in the last three months.
Despite no company-specific news, Sea Limited shares are trading higher on heavy volume. This indicates a strong investor interest in the stock, which could potentially drive the price up in the short term. However, the stock is still down over 30% in the last three months, indicating a bearish trend.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100