Previous close | 1.8500 |
Open | 1.8500 |
Bid | 3.1000 |
Ask | 3.2000 |
Strike | 95.00 |
Expiry date | 2025-01-17 |
Day's range | 1.8500 - 1.8500 |
Contract range | N/A |
Volume | |
Open interest | 612 |
In the latest trading session, Sea Limited Sponsored ADR (SE) closed at $43.95, marking a +1.92% move from the previous day.
Sea Limited (NYSE: SE) surged almost 20% higher in recent trading sessions following some news out of Indonesia. This hurts TikTok Shop, which competed directly with Sea Limited's Shopee platform. Additionally, Sea Limited lost almost 90% of its value after the stock experienced a massive surge in 2020 and 2021.
Sea Limited shareholders rejoiced following new regulations that will hamper up-and-coming competitor TikTok Shop in Indonesia. Here's what investors need to know.