India, June 2 -- Ryvyl Inc. (RVYL) shares skyrocketed 78.39 percent to $1.02 on Monday, even though there was no company-specific news to explain the dramatic move. The surge comes amid unusually high trading activity, with volume soaring to 107.7 million shares massively above the average of just 95,000. The stock opened at $0.66 and spiked as high as $2.11 during the session on the Nasdaq. Ryvyl's previous close was $0.58, and the stock has traded between $0.52 and $2.40 over the past 52 weeks.
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