India, April 16 -- Starbox Group Holdings Ltd. (STBX) soared 36.59 percent to $2.50 during Wednesday's trading with no apparent news driving the move. The stock rose $0.67 and saw a surge in trading activity.

STBX opened at $2.00 and touched a high of $3.44 before pulling back on the Nasdaq. Volume exploded to 29 million shares, well above its average of 353,000.

The stock remains volatile, with a 52-week range of $1.37 to $53.76.

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