Tech stocks have come under intense pressure as investors remain concerned about high and sticky inflation, labor shortages, and the resurgence of COVID-19 cases associated with the omicron variant. Investors are also worried about the over-reliance of the company's only profitable business, the digital entertainment segment Garena, on the continued success of its battle royale mobile game, Free Fire. Despite the recent tech stock sell-off, this decline seems overdone especially since the company, which enables businesses to securely communicate with their clients, has been reporting robust top-line growth since 2014.