Sea Limited Sponsored ADR (SE) closed at $57.04 in the latest trading session, marking a -0.7% move from the prior day.
Sea Limited's (NYSE: SE) stock price has declined more than 80% since it closed at an all-time high of $366.99 last October. The market's enthusiasm for the Southeast Asian e-commerce and gaming giant fizzled out as its growth decelerated in a post-pandemic market and its losses widened. Let's review the bear and bull cases for Sea to see if it can stabilize and continue growing over the next few years.
E-commerce, payments, and gaming company Sea Limited (NYSE: SE) is turning away from revenue growth and toward cash flow at all costs. Investors grew accustomed to mind-numbing growth figures from Sea Limited. According to Bloomberg, Sea Limited just sent a memo to employees, saying that its top goal is to become cash-flow positive as quickly as possible.