Why Sea Limited Stock Was Down on Tuesday
Shares of Sea Limited (NYSE: SE) were trading down 5.9% at 11:41 a.m. EDT on Tuesday, following news that CEO Cathie Wood of ARK Invest had sold some shares on Monday.
Wood's ARK Innovation ETF (NYSEMKT: ARKK) still held 654,161 shares of Sea Limited as of today, representing slightly over 1% of the fund's holdings.
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Source Fool.com
