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Stock Alert: Sea Ltd. Shares Hit New 52-Week High

Shares of Sea Ltd. (SE) that have been trading in the range of $26.41 - $165.23 for the past one, year, touched a 52-week high Wednesday morning. SE is currently trading at $154.14, down $7.66 or 4.73% in the regular trading session Wednesday.

As recently as on August 18, the company reported Q2 net loss of $393.5 million or $0.68 per share compared to a loss of $280.1 million or $0.48 per share last year.

Revenue for the quarter was $882.0 million, a jump of 102.2% from the previous year's revenue of $436.2 million.

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