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Is Sea Limited About to Take Off Again?

Is Sea Limited About to Take Off Again?

There was perhaps no bigger poster child for the pandemic boom-and-bust cycle than Sea Limited (NYSE: SE). As a result, Sea's stock plunged nearly 90% at one point from its 2021 peak to last October's lows. Management responded by aggressively cutting costs and scaling back Sea's geographical ambitions to focus on its core markets.