Sea stock slid after regulators in Indonesia announced an antitrust probe of Sea's Shopee e-commerce business.
(Bloomberg) -- Indonesia’s antitrust authorities are investigating Southeast Asia’s e-commerce leader Sea Ltd. for potentially unfairly favoring its own delivery service over other alternatives.Most Read from BloombergWall Street Returns to T+1 Stock Trading After a CenturyWorld’s Largest Nuclear Plant Sits Idle While Energy Needs SoarTreasuries Hit as US Sales Struggle to Lure Buyers: Markets WrapNew BYD Hybrid Can Drive Non-Stop for More Than 2,000 KilometersFor Private Credit’s Top Talent, $1
As the great Jesse Livermore said, "It never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight!"