Why Sea Limited Stock Crashed by 6.8% Monday

Motley Fool2022-03-22

HSBC still likes the stock -- but not as much as it used to.What happenedShares of Singapore-based e-commerce, payments, and online gaming company Sea Limited  traded down by 6.8% as of closed Monday....

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Comments

  • NightKL
    2022-03-22
    NightKL
    Good to buy now !
  • NightKL
    2022-03-22
    NightKL
    Bullish now
  • MoneyFace168
    2022-03-22
    MoneyFace168
    Back to office to work, no time to play games. Shopping centres are opening, no need to shop online.What you think?
  • Jeg
    2022-03-22
    Jeg
    Haz
  • JiakLiulian
    2022-03-22
    JiakLiulian
    Going deep down into the sea bed hahaha 
  • Remotecam
    2022-03-22
    Remotecam
    The HSBC report is important.  $Sea Ltd(SE)$rate of cash burn is getting higher not lower as they increase sales.  It's like for every $1 Sea sells, they use $1.20 to get the product to the customer. It's a Net loss business. With higher interest rates coming this year, how to sustain this business other than issuing more shares or getting more loans.  Maybe this is how penny stocks are created. 
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