Ryde Group Ltd. (NYSEAMERICAN:RYDE – Get Free Report)’s stock price shot up 9.8% on Thursday . The stock traded as high as $0.52 and last traded at $0.51. 740,041 shares were traded during trading, a decline of 26% from the average session volume of 995,735 shares. The stock had previously closed at $0.46.
Ryde Group Trading Up 2.0 %
Institutional Trading of Ryde Group
An institutional investor recently bought a new position in Ryde Group stock. XTX Topco Ltd bought a new stake in Ryde Group Ltd. (NYSEAMERICAN:RYDE – Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 24,486 shares of the company’s stock, valued at approximately $149,000. XTX Topco Ltd owned about 0.13% of Ryde Group as of its most recent SEC filing.
About Ryde Group
Ryde Group Ltd engages in mobility and quick commerce businesses in Singapore. The Mobility segment provides on-demand and scheduled carpooling and ride-hailing services. The Quick Commerce segment offers real-time on-demand, scheduled, and multi-stop parcel delivery services. The company was founded in 2014 and is headquartered in Singapore.
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