Why Sea Limited Stock Was Climbing Today
Shares of Sea Limited (NYSE: SE) were moving higher today after the Southeast Asian e-commerce and digital gaming company reported first-quarter earnings this morning. The stock actually opened up lower initially as Sea missed analyst estimates, but investors pounced on the sell-off, bidding the stock higher on what was mostly a strong report.
As of 1:02 p.m. EDT, shares were up 2.9%.
Image source: Sea Limited.
Source Fool.com
