India, June 25 -- Urgent.ly Inc. (ULY) surged 52.09 percent to $7.83, gaining $2.34 on Wednesday in a volatile session with no apparent news catalyst. The spike in trading interest drove the stock as high as $9.42 before pulling back.

Shares opened at $8.17 and have traded between $6.70 and $9.42 so far today on the Nasdaq. Volume has exploded to 18.6 million shares, far exceeding the average daily volume of just 143,659. The stock's 52-week range is between $2.99 and $22.50.

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