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Why Sea Limited Stock Blasted Higher on Tuesday

·2-min read
Why Sea Limited Stock Blasted Higher on Tuesday
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Shares of Sea Limited (NYSE: SE) charged sharply higher Tuesday, gaining as much as 17.2%. The catalyst that sent the e-commerce and digital entertainment specialist higher was its quarterly financial report, which illustrated robust growth that was much better than expected. For the first quarter, Sea Limited generated revenue of $92 billion, up an impressive 64% year over year.

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