Sea Limited (NYSE: SE) competes in three high-growth industries: e-commerce, digital payments, and video games. In this Backstage Pass video, which was recorded on Nov. 16, 2021, Motley Fool contributors Trevor Jennewine and Brian Withers discuss Sea's third-quarter financial results, highlighting the opportunity for long-term investors. Trevor Jennewine: I imagine a lot of viewers are familiar with Sea Limited, but it is a holding company that primarily operates across seven markets in Southeast Asia and Taiwan.
Shares of Latin American e-commerce and fintech leader MercadoLibre (NASDAQ: MELI) declined 19.8% in November, according to data from S&P Global Market Intelligence. While MercadoLibre reported third-quarter earnings during the month, that doesn't seem to be the culprit behind the fall, as the stock rose immediately after reporting. Rather, an unexpected mid-month equity offering started the decline, which was later accentuated by a sharp drop in growth stocks brought on by tightening financial conditions.
With the stock now down by 20% in the past month, Fool.com contributors Matt Frankel and Dan Caplinger take a closer look in this Fool Live video clip, recorded on Nov. 18. Matt Frankel: Dan, I was looking at MercadoLibre's numbers and I'm sitting here scratching my head why the stock is down so much recently, so maybe you could shed a little bit of light on that.