Why Sea Limited Stock Was Gaining Again Today
Shares of Sea Limited (NYSE: SE) were climbing again today, riding the bullish wave in the market even as there was no company-specific news out on the stock. This time, the Southeast Asian tech giant seemed to benefit from another strong earnings report from an e-commerce stock, this time from Wayfair, and a fawning write-up in Bloomberg touting the stock as the best-performing large-cap play in the world in the last 18 months.
As a result, the stock finished up 5.8%.
Image source: Sea Limited.
Source Fool.com
