The rise of Southeast Asian giant? Sea Limited SE

Sea limited in 2022 and 2023 is the most hated stock, as it carries the title of Southeast Asia giant but cannot continue to grow rapidly in Southeast Asia, and the stock price has also fallen by more than 80%. At the end of 2023 and the beginning of 2024, the leadership decided to change direction, from previous layoffs and reducing marketing expenses to continuing to spend money. If losing money actually makes the company's stock price go up, then Sea limited can be said to be the most representative company.

In 2020, the epidemic made it rise, with the support of celebrities such as Jackie Chan, Blackpink, and Ronaldo. The stock price soared and the market cap exceeded 100 billion US dollars. Because of a war and the era of the epidemic, they chose to slow down their development to make profits for the company, but institutional investors did not buy it and sold off. So last year, they turned back to the burning money mode, which instead made the stock price rebound with a minimum increase of 20%. So with 5 months left this year, do you think Sea limited will shine again?

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