Why Sea Limited Stock Was Climbing Today

Shares of Sea Limited (NYSE: SE) were moving higher today after the Southeast Asian e-commerce and digital gaming company reported first-quarter earnings this morning. The stock actually opened up lower initially as Sea missed analyst estimates, but investors pounced on the sell-off, bidding the stock higher on what was mostly a strong report.

As of 1:02 p.m. EDT, shares were up 2.9%.

Image source: Sea Limited.

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Source Fool.com