Why Sea Limited Stock Skyrocketed 76% in the First Half of 2024

Discouraged investors increasingly see reasons to be more hopeful and optimistic. Consider that the S&P 500 was up 14.5% in the first half of the year, which is a spectacular six-month return for this large index. In short, there's a bullish breeze in the air, providing a nice tailwind to the sails of Sea stock. TikTok might not seem like an obvious competitor in the e-commerce space. However, retailers can set up shops and integrate advertising with video on TikTok's platform. And the practice is popular. ...