Why Sea Limited Stock Was Gaining Today

Why Sea Limited Stock Was Gaining Today

Shares of Sea Limited (NYSE: SE) were moving higher again Monday even though there was no specific news out regarding the Southeast Asian e-commerce and digital gaming company. Instead, it seemed to be benefiting from the bullish trend in e-commerce stocks that began last week with strong earnings reports from Shopify and Amazon. As of 1:11 p.m EDT, Sea Limited stock was up 8.3% on the day.