Sea Limited Surges to 112th in Trading Volume with $734 Million in Shares Traded

Generated by AI AgentAinvest Market Brief
Thursday, Apr 24, 2025 7:41 pm ET1min read

On April 24, 2025,

(SE) saw a significant increase in trading volume, with a total of $734 million in shares traded, marking a 34.06% rise from the previous day. This surge placed Sea Limited at the 112th position in terms of trading volume for the day. Additionally, the stock has been on an upward trend, rising by 3.14% over the past three days, with a cumulative increase of 6.61% during this period.

Sea Limited recently reported a substantial increase in revenue, reaching $16.82 billion for the year ending December 2024. This growth was accompanied by a notable rise in net income, which reached $444 million. This financial performance reflects the company's strong market position and operational efficiency.

Invesco Ltd. reduced its stake in Sea Limited by 18.3% during the fourth quarter, indicating a shift in investment strategy. This move could be influenced by various factors, including market conditions and the company's future prospects. However, it is important to note that such adjustments are common among institutional investors and do not necessarily reflect a negative outlook on the company.

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