Sea Ltd $Sea Ltd(SE)$ has soared 95.78% year-to-date. However, the current price of $79.29 is still 78% lower than its all-time high of $366.99. 2Q2024 Earnings: The 2Q2024 earnings results are mixed: Revenue: +23% YoY, $3.81 billion vs. $3.71 billion expected. Earnings per share: 14 cents vs. 18 cents expected, a 22.2% miss. 1) Digital Entertainment: Free Fire Can’t Keep Saving Sea Ltd Bookings in the digital entertainment segment grew 21% YoY, mainly driven by Free Fire. The digital entertainment segment accounts for nearly 11% of total revenue and contributes 56% of total operating income. Garena still aims to relaunch its hit game Free Fire in India after its ban in 2022, but the relaunch date remains uncertain. I believe the crucia
SE Hits 52-Week-High! Will the Stock Aim $88?
After Sea's recent earnings, the stock jumps 24%. On Tuesday's trading, Sea hits 52-week-high of $82. -------------------- Do you use Sea's services in Singapore? Will you take profit of Sea at $80? Will the stock test $88?
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