Sea Limited Stock Plummets 20.77% in Two Days Despite Strong Financials and 85th Rank in Trading Volume

On April 4, 2025, Sea Limited (SE) experienced a significant decline in its stock price, dropping by 11.18% over two consecutive days, resulting in a total decrease of 20.77%. The trading volume for the day was 17.24 billion, placing it at the 85th position in terms of trading volume for the day.

Sea Limited recently reported robust financial performance for the full year of 2024, with revenue growing significantly to USD 16,820 million. The company's Q2 2024 results also surpassed expectations, showcasing a 23% year-over-year revenue growth and an adjusted EBITDA margin of 12%.

In addition to its financial achievements, Sea Limited completed a refinancing of certain parts of its debt, repaying USD 69 million related to seven Sea1 Offshore vessels that were due in 2024. This strategic move is expected to strengthen the company's financial position and provide more flexibility for future investments.