Sea Limited (SE) Stock Tumbles Nearly 10% as Analysts Debate Shopee’s Growth vs. High Valuation
Sea Limited (NYSE: SE) closed at $163.42 on Oct. 15, down 9.6% after a volatile session and heavy trading volume. The stock remains well above its 52-week low of $92.50, despite the pullback from near-record highs. Q2 revenue rose 38.2% year-over-year to $5.26 billion, beating estimates. Wall Street’s consensus rating is Moderate Buy, with an average 12-month price target of $177.