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0 -0.000332483652887079 -0.000443311537182824 -0.000554139421478412 0.00254904133880089 0.00587387786767152 0.00365732018175771 0.00188407403302673
Stock impact report

Why Is Sea (SE) Stock Rocketing Higher Today [Yahoo! Finance]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
Morgan analysts highlighted the opportunity for the company's e-commerce business, Shopee Indonesia, to "increase take rates" following the recent decision by competitor TikTok Indonesia to raise commissions in the region. The analysts added, "In our view, the adjustments by TikTok leave room for Shopee Indonesia to increase take-rates after Shopee materially increased take-rates in other countries across ASEAN. The changes by platforms are indicative of a better competitive environment in ASEAN with an incrementally higher focus on ROI." J.P. Morgan has an Overweight (Buy) rating on SE with a $70 price target. The price target indicates more than 20% upside from where shares traded when the research report was released. Is now the time to buy Sea? Access our full analysis report here, it's free What is the market telling us: The biggest move we wrote about over the last year was about a month ago, when the stock gained 16.6% on the news that the company reported fourth-quar Show less Read more
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