Shares of Sea Ltd (NYSE:SE) were trading lower on Wednesday, after rallying on Tuesday after the company reported upbeat first-quarter results. The company's strong quarterly results "shifted market perception toward a more balanced investment approach," according to Benchmark. The Sea Analyst: Analyst Fawne Jiang reiterated a Buy rating and price target of $140. The Sea Thesis: The company reported GAAP revenue of $7.1 billion, up 47% year-on-year, which topped consensus on broad-based strength