Sea Limited Stock Is Not Out of the Woods
Sea Limited (NYSE: SE) has fallen from grace lately as it faces challenges from the post-pandemic effects and the weak global economies.
Sea's management team responded by pivoting from growth to self-sufficiency and profitability to deal with these challenges. While there are some early green shoots -- with net loss narrowing 39% quarter over quarter in the latest earnings result -- it is still too early to declare victory.
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Source Fool.com