Companies across the U.S. are currently reporting their financial results for the quarter ended June 30. It gives investors an important opportunity to peek behind the curtain of some of their stock holdings and see how they're navigating this challenging economic environment of high inflation and rising interest rates. 

Few companies are as exposed to those headwinds as Sea Limited (NYSE: SE). Its business relies heavily on consumer spending, which is bad news during a time when household budgets are under pressure. 

Investors once loved the company for its rapid revenue growth, but lately, it has sacrificed that attribute by slashing costs to focus on generating a profit instead. Its stock price has suffered over the past year, and it plunged even further following the release of its second-quarter financial results this month. It's now down 39% in August alone, but I'm going to tell you why that's a buying opportunity.

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Source Fool.com