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Sea Limited's e-commerce platform Shopee gained market share, and Bank of America raised its price target for the company.

5 reports, 4 independent Updated Jul 1
Gone quiet Reached 3 outlets in its first 24 hours
Reports
5
Developments
2
Repetition
60%

New informationRepeats or wire copies

AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Well supportedReported by 4 independent outlets

Sea Limited's e-commerce platform Shopee gained market share, and Bank of America raised its price target for the company.

Who's involved

What this event is mainly about
SEABank of America

How it developed

Newest first. Tap a step to see who reported it.
  1. Shopee announced global developer job cuts, while Barclays raised its price target on Sea Limited.1 source
  2. Bank of America raised its price target on Sea Limited following Shopee's market share gains.1 source

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Coverage

Newest first; wire copies grouped
  • yahoo.com
  • StockStoryWhy Sea (SE) Stock Is Nosediving Shares of e-commerce and gaming company Sea (NYSE:SE) fell 5.2% in the afternoon session after the major indices continued to retreat (Nasdaq -1.5%, S&P 500 -1.2%) am
  • GuruFocus.comSea Ltd. Reclaims Southeast Asia's Crown After 300% Rally, Overtakes DBS This article first appeared on GuruFocus. Sea Ltd. (NYSE:SE) has reclaimed its position as Southeast Asia's most valuable publ
  • Motley FoolMeet the Monster Stock That Continues to Crush the Market Sea Limited has prospered by leading the way in three different segments of tech. Strategic missteps and struggles in its gaming segment weig
  • Unknown outlet