The Latest Breaking News from Sea

Someone with a lot of money to spend has taken a bearish stance on Sea (NYSE:SE). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

When Covid-19 emerged more than two years ago, millions of people including myself suddenly found ourselves stuck at home. To survive the unprecedented challenges and stress, I started to befriend mobile apps I hadn't used before to buy things and pay bills online, among them the e-commerce platform Shopee.

E-marketplace Shopee is pursuing layoffs across markets in Asean, including Thailand, according to industry sources, as the company is believed to have become more cautious about spending and more focused on attaining profitability rather than burning cash.

Sea Ltd is making its first major job cuts in areas spanning shopping and food, joining other tech firms downsizing this year in anticipation of unprecedented market and economic volatility.

Someone with a lot of money to spend has taken a bullish stance on Sea (NYSE:SE). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Sea (NYSE:SE) has observed the following analyst ratings within the last quarter:

Benzinga’s “5 Stocks Up 10%” aims to deliver investors the news surrounding hot stocks with significant price action on May 17, 2022. The information provided for these hot stocks is compiled using the Movers and News tools in Benzinga Pro.

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Someone with a lot of money to spend has taken a bearish stance on Sea (NYSE:SE). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Sea (NYSE:SE) is set to give its latest quarterly earnings report on Tuesday, 2022-05-17. Here's what investors need to know before the announcement. Analysts estimate that Sea will report an earnings per share (EPS) of $-1.17.

Someone with a lot of money to spend has taken a bearish stance on Sea (NYSE:SE). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.