10:14 AM EST, 12/26/2024 (MT Newswires) -- Ryde Group ( RYDE ) rallied Thursday, with shares of the mobility services company recently climbing almost 66%, after saying municipal officials in Singapore have renewed its license as a full ride-hailing and carpool operator for the next three years.

Trading volume for Ryde Group ( RYDE ) shares also was significantly higher than usual, with more than 1.1 million shares changing hands over the first hour of Thursday's trading session in the US compared with a daily average of just under 500,000 shares.

Price: 0.52, Change: +0.20, Percent Change: +65.96