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Phunware Shares Soar 126%

January 16, 2024 — 10:33 am EST

Written by RTTNews.com for RTTNews->

(RTTNews) - Shares of Phunware, Inc. (PHUN) are surging more than 126 percent on Tuesday morning trade following news of Donald Trump's winning a major victory in the Iowa Republican caucuses.

Stocks linked to Trump are up today including Digital World Acquisition which is set to combine with Trump's social media company Trump Media & Technology Group. Phunware also was involved in Trump's election campaign in 2020.

Currently, shares are at $0.177, up 133.80 percent from the previous close of $0.75 on a volume of 306,197,888.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
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