Invest
Sea Limited is Down Almost 80% from Its Highs! Is This Falling Knife Worth Catching?
By StocksCafe  •  November 30, 2022
Sea Limited was established in Singapore in 2009 and is a leading tech company, with businesses in Digital Entertainment, E-commerce, and Digital Financial Services. As the stock market continues to crash as we enter 2022, the sector which is most adversely affected is the technology sector. If an investor is not knowledgeable enough, it could be both daunting and risky to venture into this space.  The stock of Sea Limited has collapsed dramatically since late 2021, much to the dismay of its investors. From 2020 to 2021 a run-up was observed, but in October 2021, the stock started seeing a downfall, and subsequently plummeted almost 80% from its highs. It appears that the market has been pricing in slow growth due to inflation and recession fears in the Southeast Asia region. From the chart above, we can see that Sea’s stock performance features a steep decline, which is in...
Read the full article
By StocksCafe
StocksCafe was created originally as a personal project to help me make better investment decisions. I decided to share it because it grew to a project that I believe many can benefit from. Feel free to let me know how it can improve to better assist you ...
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance