Sea Stock Surges on Deutsche Bank Upgrade, Strong Q3 Results
Update: 2025-11-12
Description
Seas shares surged after Deutsche Bank upgraded the stock to Buy and the company reported strong Q3 results, with a 38.3% increase in revenue and a 144.6% rise in net income. Shopees GMV also grew by 28%. Despite the initial jump, shares settled at $145.98, a 2.5% increase from the previous close.
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