Alibaba Competitor Downsizes Gaming Arm Worforce Again
Sea Limited (NYSE: SE) slashed the workforce in its money-making gaming arm, marking its second such attempt in 2022 to contain costs as it struggled for growth,
Is Tencent Winding Down Its Big Investments?
Key Takeaways:
Reuters reported Tencent might sell some or all of its Meituan holdings this year, though Tencent called the report ‘inaccurate’
Some think Tencent might sell other stakes in its more than 70 U.S.- and Hong Kong-listed portfolio companies to raise funds to buy back its shares
By Fai Pui
Check Out What Whales Are Doing With Sea
A whale with a lot of money to spend has taken a noticeably bearish stance on Sea.
Looking at options history for Sea (NYSE:SE) we detected 25 strange trades.
Check Out What Whales Are Doing With Sea
A whale with a lot of money to spend has taken a noticeably bearish stance on Sea.
Looking at options history for Sea (NYSE:SE) we detected 55 strange trades.
Barclays Maintains Overweight on Sea, Lowers Price Target to $114
Barclays analyst Jiong Shao maintains Sea (NYSE:SE) with a Overweight and lowers the price target from $125 to $114.
Analyst Ratings for Sea
Over the past 3 months, 4 analysts have published their opinion on Sea (NYSE:SE) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.
Sea Limited (SE) Incurs Loss in Q2, Revenues Increase Y/Y
Sea Limited (NYSE: SE) incurred a loss of $1.03 per share in second-quarter 2022, wider than the year-ago quarter's reported loss of 61 cents. The figure missed the Zacks Consensus Estimate by 11.96%.
Sanofi, Children’s Place And Some Other Big Stocks Moving Lower On Wednesday
Embark Technology, Inc. (NASDAQ: EMBK) fell 25.1% to $12.40. Embark Technology reported the completion of reverse stock split.
Stifel Maintains Buy on Sea, Lowers Price Target to $95
Stifel analyst Scott Devitt maintains Sea (NYSE:SE) with a Buy and lowers the price target from $105 to $95.
Citigroup Maintains Buy on Sea, Lowers Price Target to $129
Citigroup analyst Alicia Yap maintains Sea (NYSE:SE) with a Buy and lowers the price target from $145 to $129.