Sea Stock Jumps 5% As Barclays Raise Price Target by $2
Barclays analyst Jiong Shao maintained a Buy rating on Sea today and set a price target of $87.00. The company’s shares closed yesterday at $68.64.Sea shares jumped 5% in morning trading.Shao covers the Consumer Cyclical sector, focusing on stocks such as Sea, Coupang, and Li Auto. According to TipRanks, Shao has an average return of 6.1% and a 49.37% success rate on recommended stocks.Currently, the analyst consensus on Sea is a Strong Buy with an average price target of $77.63, implying a 13.1
in other platform, sea price is higher in 24 hours market. suspect someone know earning result earlier.... in previous earning day (missed eps and revenue) , before announce earning report, stock price was drop about 7%.... who dare to sell 7 % less before earning report unless got some insider information in last earning report? now also same things, who dare to buy 3 % more before earning report in same day unless got insider information? Am I right?
$Sea Ltd(SE)$ Excitement is brewing as Sea Limited prepares to unveil its latest earnings report before Monday's market opening. The company has faced a challenging streak, struggling to deliver positive news to its investors. While past earning reports have often missed or only marginally met analysts' estimates, the reaction from investors has not always followed the expected pattern. Surprisingly, even favorable earnings reports have occasionally led to a decline in the stock price, highlighting the unpredictability of market reactions. One recurring trend has been the stock price surging before earnings, only to retreat after, regardless of the actual earnings outcome. A speculative technical analysis sugges
No need to sell sea share currently as the price already bottom and investors are predicted about this deal earlier.
Sea Stock Tumbled As TikTok to Spend $1.5 Billion Taking Over GoTo’s Indonesia Shop
Sea stock drops 5% as TikTok to spend $1.5 billion taking over GoTo’s Indonesia shop.ByteDance Ltd.’s TikTok agreed to invest $1.5 billion in a joint venture with Indonesia’s GoTo Group that it will c
Not only alibaba. Most of chinese stock are non investable. Too many risk
Once Unstoppable, Alibaba Is Now Faltering
SINGAPORE -- Chinese internet titan Alibaba Group Holding once seemed invincible. Now, it is stuck in a slump.The e-commerce giant was a major driver of China's growing consumer economy as it pioneered online shopping in China. Over the years, it also expanded into cloud computing, physical supermarkets and digital entertainment.Now, its grip on online retail is weakening. In recent months, the company lost a long-running chief executive, while a restructuring plan to revive Alibaba has quickly hit roadblocks. That came after Alibaba and Jack Ma, its co-founder, were slammed by Beijing's sweeping regulatory crackdown that started three years ago.In late 2020, just as Alibaba seemed about to chalk up its biggest success -- a public listing of Ant valued at more than $34 billion -- things went sour. Alibaba's enormous size had put it in the crosshairs of Chinese regulators, who started cracking down on the freewheeling expansion in the country's internet sector.