Why Is Everyone Talking About Sea Limited Stock?
Sea Limited's (NYSE: SE) stock recently pulled back from its all-time high after the Singapore-based gaming and e-commerce company announced a new equity and bond offering worth at least $6.1 billion.
The sale dominated headlines for two reasons. First, Sea's offering represents the largest fund raising ever for a Southeast Asian company. Second, it marks Sea's second capital raise in less than a year. Should investors worry about Sea's rising share count, debt levels, and valuations?
Image source: Sea Limited.
Source Fool.com
