The analysis reviews the performance of Sea Limited stock. Initially soaring, the stock declined starting in September. The analyst recommendation was accurate until September 9th. The stock crashed around April due to tariff announcements, recovered to nearly $200, and then crashed again to $136.05. The stock was rated as a buy until September 9th, then downgraded to hold. It was advised to take profits. The Q3 earnings report showed an EPS of $0.59, falling short of the expected $0.43, despite revenue exceeding forecasts at $6 billion. Competition from Mercado Libre in Brazil and Grab in Southeast Asia is intensifying market pressure. The predicted market trend is range bound.