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Why Sea Stock Skyrocketed 394.9% in 2020

Keith Noonan, The Motley Fool
·2-min read
Why Sea Stock Skyrocketed 394.9% in 2020

Shares of Sea (NYSE: SE) rose 394.9% across last year's trading, according to data from S&P Global Market Intelligence. The coronavirus pandemic shifted commerce, communications, and entertainment to digital channels, and many online retail platforms and video game services posted stellar engagement as a result of the unprecedented conditions. Growth in these categories helped Sea close out 2020 as Singapore and Southeast Asia's most valuable company based on market capitalization.

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