Why Sea Limited Stock Popped Today

What happened

Asian digital products and services conglomerate Sea Limited (NYSE:SE) was a buoyant stock on Wednesday, closing more than 3% higher. The company benefited from a clutch of analyst upgrades, despite a mixed second quarter that featured a bottom-line miss.

So what

On the back of those earnings, which were published Tuesday, several prognosticators modified their expectations for Sea. And for the most part, they became more bullish.

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