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Why Sea Limited Stock Tumbled Again Today


Shares of Sea Limited (NYSE: SE) were getting crushed today as the Southeast Asian video game and e-commerce company was one of many high-growth, unproiftable companies to spiral lower as investors move to safer stocks in preparation for a higher-interest environment.

As of 3:23 p.m. ET, the stock was down 16.6%.

Image source: Sea Limited.

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Source Fool.com

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