Sea Limited (NYSE:SE) shares are trading higher Monday despite a lack of company-specific news. The stock remains down more than 30% over the last three months.
What To Know:
Shares of SE are up on heavy trading volume Monday. According to data from Benzinga Pro, more than 14.4 million shares have been traded in the session, compared to the stock's 100-day average of 6.75 million shares.
Sea Limited shares are trading near the low of its 52-week range which shows a 52-week low of $34.87 and a 52-week high of $88.84.
Sea Limited operates Southeast Asia's largest e-commerce company, Shopee, a hybrid marketplace platform operating in eight core markets within Asia.
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SE Price Action: According to Benzinga Pro, Sea Limited shares are up 10.6% at $39.76 at the time of publication.
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