Ryde Group (NYSEAMERICAN:RYDE) Shares Down 1.8% – Here’s Why

Ryde Group Ltd. (NYSEAMERICAN:RYDEGet Free Report) shares dropped 1.8% during mid-day trading on Wednesday . The company traded as low as $0.33 and last traded at $0.34. Approximately 75,398 shares traded hands during trading, a decline of 68% from the average daily volume of 233,116 shares. The stock had previously closed at $0.34.

Ryde Group Stock Performance

Ryde Group Company Profile

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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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