Not Tesla or FAANGs, swelling optimism boosts Sea Ltd's shares by over 880%

After a rocky first year of trading, Sea's stock has gone on to trounce everything in its class

It gets far less attention than Tesla, the FAANGs or even the Robinhood flavor of the week.

Yet Sea Ltd. has quietly become the world’s best-performing large-cap stock, stoking a debate on Wall Street over whether the Singapore-based gaming, e-commerce and payments company is the next great internet colossus or just Exhibit A in a global tech bubble that’s destined to burst.

For now at least, bulls have the upper hand. Swelling optimism that loss-making Sea may one day become both the Tencent and Alibaba of Southeast Asia has boosted its New York-listed shares by more than 880% in the