Sea Stock Rides Q2 Earnings Wave to 3-Year Highs

Shares of Sea Ltd (NYSE:SE) are soaring this morning, after the Singapore-based tech conglomerate reported second-quarter earnings of $0.65 per share on revenue of $5.26 billion, sailing past estimates. The company credited continued growth from its subsidiaries, including e-commerce giant Shopee, which is expanding further into Latin America, and its thriving gaming division. Prior to the earnings announcement, J.P. Morgan Securities reiterated an overweight rating for SE.At last glance, the stock was up 1 ...