Sea Ltd Rockets 19% on Strong Earnings $3.36B Trading Volume Makes It 17th Most Active Stock

Sea Ltd. (SE) surged 19.07% on August 12, 2025, with a trading volume of $3.36 billion—a 225.88% increase from the previous day and ranking 17th in market activity. The Southeast Asia e-commerce giant reported second-quarter results that exceeded expectations, driven by accelerated revenue growth across its core segments. Earnings per share reached 65 cents, surpassing the 64 cents estimated by analysts, while total revenue rose 38% to $5.26 billion. E-commerce sales climbed 34% to $3.8 billion, digital financial services revenue jumped 70% to $883 million, and digital entertainment revenue increased 28% to $559 million. CEO Forrest Li emphasized a strategic focus on growth while enhancing profitability, highlighting Shopee’s expanding market leadership in Southeast Asia and Latin America.

The rally reflects renewed investor confidence in Sea’s ability to monetize its platforms. Shopee’s market-share gains and recent fee adjustments in Indonesia and Brazil have strengthened pricing power, supported by analyst optimism. JPMorgan reiterated an overweight rating for the stock ahead of the earnings release. Despite recent volatility, including a 7% pullback on July 21 due to seller fee hikes in Indonesia, the stock has gained 38% year-to-date. Technical indicators suggest the stock is testing key resistance levels, with a 172.65 consolidation buy point identified in prior analysis.

Backtesting of Sea’s performance following an 18% intraday surge shows favorable short-to-medium-term outcomes. The 3-day win rate stands at 54.23%, while the 30-day win rate reaches 64.59%. The maximum return recorded during the test period was 6.90% on day 59, underscoring the stock’s potential for continued gains after strong earnings-driven momentum.