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 CenturyTreasuries Hit as US Sales Struggle to Lure Buyers: Markets WrapFor Private Credit’s Top Talent, $1 Million a Year Is Not EnoughIsraeli Airstrike and Egyptian Guard’s Death Ratchet Up TensionsMortgages Stuck Around 7% Force Ra
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!"