Singapore's Sea Ltd drops as Q2 revenue misses on weak e-commerce sales
** U.S.-listed shares SE.N of Southeast Asia's biggest listed tech firm Sea Ltd down 11.1% at $50.60 premarket
** Company posts Q2 revenue of $3.10 bln vs est $3.20 bln - Refinitiv
** After a meteoric run in 2020 and part of 2021, with multiple quarters of triple-digital revenue increases, Sea's growth tapered as the pandemic-fueled boom in e-commerce and digital entertainment waned
** Quarterly sales from digital entertainment segment falls over 41%, declining for the fifth quarter in a row
** 23 of 31 brokerages rate the stock "buy" or higher, 8 "hold"; median PT $93
** As of Monday's close, stock down 9.4% YTD
Reporting by Khushi Singh
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