Fall of world's hottest stock cost Sea founders US$32 billion
Sea is dealing with an economic slowdown and surging inflation, as well as intensifying competition. Read more at straitstimes.com.
Source: straitstimes.com
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Fall of the world's hottest stock cost Sea founders US$32 billion
(NOv 14): Sea Ltd’s pain was supposed to be short term. The maker of wildly successful battle royale game Free Fire knew that the pandemic-fuelled boost in users was over, but chief executive officer Forrest Li was still optimistic earlier this year that problems would be short lived. He considered his company to be internally strong and had taken steps to maximise long-term potential — including spending more on growth.
Source: theedgemarkets.com
3 UK shares I'd buy in my Stocks and Shares ISA for 2021 and hold forever
3 UK shares I’d buy in my Stocks and Shares ISA for 2021 and hold forever Image source: Getty Images The economic meltdown in 2020 hasn’t stopped me from buying UK shares in my Stocks and Shares ISA. It doesn’t matter what point of the economic cycle one finds themselves at. There are always stocks out there (like utilities companies and healthcare providers) that should deliver robust shareholder returns whatever the weather. Secondly, if you buy quality stocks with s...
Source: fool.co.uk