Sea Ltd Stock Soars 282% in 2020, with More Gains Coming
Sea Ltd (NYSE:SE) stock continues to enjoy strong gains, advancing 368% year-over-year, up 282% since the start of 2020, and climbing 330% since bottoming in March. While the Singapore-based gaming company has had a stellar year, it appears to be primed for even greater gains.
Thanks to the coronavirus pandemic, quarantined and self-isolated people around the world have taken a shine to online gaming. And investors are hoping that the increased love for digital entertainment becomes part of people's daily lives, even after things eventually return to normal.
In general, gaming stocks have done well.
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Sea Ltd (NYSE:SE) stock continues to enjoy strong gains, advancing 368% year-over-year, up 282% since the start of 2020, and climbing 330% since bottoming in March. While the Singapore-based gaming company has had a stellar year, it appears to be primed for even greater gains.
Thanks to the coronavirus pandemic, quarantined and self-isolated people around the world have taken a shine to online gaming. And investors are hoping that the increased love for digital entertainment becomes part of people's daily lives, even after things eventually return to normal.
In general, gaming stocks have done well.
Den vollständigen Artikel lesen ...