India, May 13 -- Lobo EV Technologies Ltd. (LOBO) skyrocketed 106.25 percent to $1.51on Tuesday with no clear news or company-specific developments to explain the sharp move. The stock opened at $1.98 and traded between $1.35 and $2.41 during the session.

Volume surged to 79.2 million shares, significantly above its average daily volume of about 53,000 on the Nasdaq.

LOBO has now traded between $0.46 and $3.52 over the past 52 weeks.

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