Will Sea Ltd recover?
It indicated the stock could fall to an average price of $63.132 per share on 29 March 2022. However, this service expected that the price of Sea Limited stock could rebound and reach $146.76 by the end of 2022, $199.06 by the end of 2023, and $251.77 by the end of 2024.Mar 16, 2022
Is seas a good stock to buy?
Stock Price Forecast The 10 analysts offering 12-month price forecasts for SeaWorld Entertainment Inc have a median target of 81.00, with a high estimate of 93.00 and a low estimate of 66.00. The median estimate represents a +10.85% increase from the last price of 73.07.
Is Sea Limited a Chinese company?
Sea Limited is based in Singapore, but the Chinese tech giant Tencent Holdings owns an 18.7% stake in the company.Mar 16, 2022
Why does the sea drop?
Why Sea Limited Inched Higher Today Singapore-based Sea announced that it would be ceasing the operations of its e-commerce unit Shopee in India. Reuters quoted a company statement indicating that the withdrawal is being made "in view of global market uncertainties."
Who is selling Sea Limited?
Tencent Holdings LtdChinese gaming and social media company Tencent Holdings Ltd on Wednesday sold a stake worth $3.01 billion in Singapore-based gaming and e-commerce firm Sea Ltd.4 days ago
Is fl stock a buy?
Out of 14 analysts, 0 (0%) are recommending FL as a Strong Buy, 0 (0%) are recommending FL as a Buy, 10 (71.43%) are recommending FL as a Hold, 1 (7.14%) are recommending FL as a Sell, and 3 (21.43%) are recommending FL as a Strong Sell. What is FL's earnings growth forecast for 2023-2025?
What happened Sea Limited?
Since then, however, Sea's shares have dropped 65.5% due to a confluence of factors—Tencent reduced its stake, the company faced operational uncertainty in India and its net loss widened. In the fourth quarter of 2021, Sea reported a net loss of more than $616 million, up from $525 million from a year ago.Mar 2, 2022
Who owns Sea stock?
Top 10 Owners of Sea LtdStockholderStakeShares ownedT. Rowe Price Associates, Inc. (I...6.85%28,071,659Sands Capital Management LLC4.43%18,159,912Capital Research & Management Co....3.93%16,105,696Fidelity Management & Research Co...3.00%12,293,4616 more rows
Who owns Sea Limited?
Forrest LiSea LtdTypePublicArea servedWorldwideKey peopleForrest Li (Founder & CEO) Gang Ye (Director & COO)ProductsE-commerce Entertainment RetailSubsidiariesBank Seabank Indonesia Lion City Sailors FC Garena SeaMoney Shopee6 more rows