Sea shares rise on upbeat second-quarter revenue - SE News | RalliesSea shares rise on upbeat second-quarter revenue
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SE• Sea shares jump after second-quarter revenue beat
- Shopee-owner Sea's SE.N shares rise 7.1% to $123.05 premarket
- SE reports revenue of $7.79 billion for Q2 ended June 30, beating analysts' average estimate of $7.06 billion, according to data compiled by LSEG
- "Our investments have enabled Shopee and Monee to continue to strengthen our market leadership while improving our user penetration" — CEO Forrest Li
- As of last close, stock down ~10% this year
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