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Why would the share price rise ?

$Sea(SE.US)$ can someone tell why this company stock moved from $10 to $300 during pandemic in the first place ? shouldnt it go back from where it came from like 90 percent of other stocks have
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  • 搞经济 抄底 加仓 : Be grateful. $Grab Holdings (GRAB.US)$ didn't even last a day.

  • 101727429 : Probably not back to pre covid levels given they did successfully launch free fire and the SEA and Latam e-commerce market did develop rapidly during covid. But I’d say current prices are still pretty rich, looking to start building at 95 but think stock could decline down to 70s if we see a 20% correction in stock market following the interest rate hikes and as the Ukraine Russian drama unfolds

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