Ryvyl Stock Skyrockets 142%

(RTTNews) - Ryvyl Inc. (RVYL) surged 142.02 percent on Thursday to $0.93, rising $0.6157 with no official news or press releases to explain the sharp rally. The sudden spike in price and trading activity appears to be driven purely by market momentum. The stock opened at $0.6101 and soared as high as $1.11 during the session, marking a dramatic move from its previous close of $0.3843 on the Nasdaq. Trading volume exploded to 332.8 million shares, compared to an average volume of just 3.4 million. Ryvyl's 52-week range stands between $0.36 and $2.40, with Thursday's action bringing the stock back near the higher end of that band.