SE is trading at $82.22 (-5.20%) as investors rotate out of growth stocks ahead of the company's upcoming Q1 earnings report.

  • Sea is scheduled to report results on May 12, with analysts forecasting $6.45B in revenue and $0.70 EPS, with a heavy focus on Shopee's GMV growth.
  • The decline follows a choppy week of trading and comes despite a mixed broader market, where the S&P 500 rose 0.20% while the Nasdaq remained flat.