NYSE:SEMultiline Retail
Sea (NYSE:SE) Stock Valuation After Revenue Growth, Ecosystem Reinvestment And Shopee Job Cuts
Sea (NYSE:SE) is back in focus after reporting 38% year over year revenue growth while simultaneously reinvesting in fulfillment, instant delivery, and other ecosystem services, and cutting several hundred Shopee developer roles globally.
See our latest analysis for Sea.
The latest quarter of 38% year over year revenue growth and reinvestment in Shopee and Monee is landing against a weaker share price backdrop. The stock is at US$82.94, the year to date share price return is down 36.92%, the...