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Sea Gained Over 3% in Premarket Trading After Maybank Offered a $105 Price Target

$Sea Ltd$ gained over 3% in premarket trading.Its margins likely improved further in 2Q on growth at its Shopee e-commerce and MariBank fintech businesses offsetting weakness at its Garena digital-entertainment segment, Maybank analyst Kelvin Tan says in a research note. Tan says the Singapore-based internet company could break even in 2023 on a faster-than-expected improvement in cost-cutting and monetization in the e-commerce and fintech segments. "We think Sea will continue to outperform its
Sea Gained Over 3% in Premarket Trading After Maybank Offered a $105 Price Target

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