🔴 Sea is trading 4.2% down today after adjusted EPS missed forecasts

Sea is trading 4.2% down now at $122.77 after investors reacted to the August 11 earnings release and adjusted EPS missed forecasts by $0.03.

• Revenue reached $7.79 billion, beating estimates.
• Higher sales and marketing expenses pressured profitability, narrowing operating margin to 8.4% from 9.3%; the decline follows a 14.56% rally on August 11, suggesting additional profit-taking despite strong Shopee growth and upbeat EBITDA guidance.