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 BloombergWorld’s Largest Nuclear Plant Sits Idle While Energy Needs Soar‘Not Gonna Be Pretty:’ Covid-Era Homebuyers Face Huge Rate JumpWall Street Returns to T+1 Stock Trading After a CenturyWarning Signals Are Flashing for Homeowners in Texas and FloridaNew BYD Hybrid Can Drive Non-Stop fo
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!"