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Could Sea Limited Stock Help You Become a Millionaire?
SESea(SE) The Motley Fool·2024-03-13 11:03

Sea Limited (SE -0.67%) minted a lot of millionaires in the first four years after its initial public offering (IPO) in October 2017. The Singapore-based e-commerce and gaming company went public at $15, and its shares soared to an all-time high of nearly $367 on Oct. 19, 2021. A $50,000 investment in its IPO would have blossomed into $1.2 million.However, Sea's stock now trades at about $58 -- so that investment would have shriveled to roughly $193,000. That's still a near-four bagger gain in less than sev ...