Sea Ltd. (SE) shares are sliding more than 8 percent on Tuesday morning trade, continuing a bearish trend. There were no corporate announcements on the day to impact the stock movement.
On Monday, the Singapore-based communication services company said it will hold its annual general meeting on February 14. At the AGM, the company plans to propose to amend and restate its currently effective memorandum and articles of association to increase the voting power of each Class B ordinary share from three votes to fifteen votes. Currently, shares are at $203.29, down 8.97 percent from the previous close of $223.31 on a volume of 5,298,320. For the 52-week period, the shares have traded in a range of $189.61-$372.70 on average volume of 4,277,673.
For comments and feedback contact: editorial@rttnews.com
Business News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.