Why Did Sea Limited Shares Rise Almost 9% Tuesday?

Seekingalpha2022-07-20
  • Sea Limited (NYSE:SE) shares surged almost 9% Tuesday on little direct news involving the Singapore-based digital entertainment and e-commerce platform operator.
  • Activity in Sea Limited (SE) shares was just under its daily trading average. By the time U.S. stock markets closed, almost 6.8M shares of Sea Limited (SE) had traded hands, while the company averages 7.15M shares exchanged on a daily basis.
  • Sea Limited (SE) shares have bounced back over the last two market sessions after falling nearly 5% last week.
  • Among other Internet companies that operate social platforms for specific audiences, online dating and relationship company Match Group (MTCH) rose more than 8% despite getting some negative sentiment from J.P. Morgan analyst Cory Carpenter.
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Comments

  • blessed_1
    2022-07-21
    blessed_1
    Ok
  • inveswithles
    2022-07-20
    inveswithles
    bull trap
  • Tanyl
    2022-07-20
    Tanyl
    Most of the share had rise yesterday
  • CTJL
    2022-07-20
    CTJL
    Bull trap... lah!
  • haircut
    2022-07-20
    haircut
    Hope it go up more. 
  • LEESIMON
    2022-07-20
    LEESIMON
    Believe will be bullish
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