Cathie Wood's position in Sea Ltd - ADR is currently worth $813 Thousand. That's 0.01% of their equity portfolio (188th largest holding). The first Sea Ltd - ADR trade was made in Q4 2019. Since then Cathie Wood bought shares seven more times and sold shares on eight occasions. The investor's estimated purchase price is $3.56 Million, resulting in a loss of 77%.
Sea''s stock price might have bounced off its low, but it''s too early to declare victory.
Investors followed Cathie Wood''s lead by hitting the sell button.
Mobile gaming and e-commerce platform Sea Limited, featured in today''s IBD 50 Stocks To Watch, is close to a buy point as revenue explodes.