Should you buy Sea Limited stock? (August 2023)

Sea Limited stock analysis. Ticker: SE. Join 10,000 investors: https://www.overlookedalpha.com Sea Limited used to be called the Amazon of south east Asia. But the company reported earnings last week and the stock collapsed by 33%. What’s interesting is that the company posted adjusted profits in all segments and that’s largely due to the company massively cutting costs. Sales and marketing was been cut by over 50% to $400 million in the quarter. So why did Sea Limited take such a sharp tumble? It’s hard to pin down the exact reason but there are a couple of explanations. #stocks #investing #overlookedalpha