Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Sea Limited Stock Gained 14% in July

TheMotleyFool

0 0

Why Sea Limited Stock Gained 14% in July

Shares of Sea Limited (NYSE: SE) finished last month up 14%, according to data from S&P Global Market Intelligence. There was little company-specific news driving shares of the Southeast Asian tech company higher, but the stock seemed to benefit from macroeconomic developments and bullish momentum in e-commerce stocks during the month.

As the chart below shows, the stock's movement was erratic, but a surge at the end of the month gave it double-digit gains for July.