🔴 Sea is trading 5% down today on growth stock rotation and pre-earnings jitters

SE is trading at $82.06 (-5.38%) amid a broader rotation out of growth stocks as investors position ahead of the company's Q1 earnings on May 12.

• Analysts expect $6.45B in revenue and $0.70 EPS, with investor focus centered on Shopee's GMV growth performance.
• The decline highlights pre-earnings jitters, bucking the slightly positive market trend (S&P +0.19%) despite positive long-term 20% GMV growth projections.