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Next DWAC? Phunware shares surging 300%

Moomoo News ·  Oct 22, 2021 09:08  · Movers

$Phunware Inc(PHUN.US)$ shares surged 46% Thursday to close at $1.53. In after-hours trading, PHUN shares are up 33% to $2.04.

PHUN Shares Pop: While in office and on the Twitter platform, Trump could have large influence over items and many often looked for trades related to his tweets.

「Phunware announced partnership with American Made Media Consultant on development, launch and ongoing management of the Trump-Pence 2020 Reelection Campaign’s mobile application,」 a May 2020 USA Today article reads.

「Our software provides the Trump-Pence team with powerful mobile tools for their high profile reelection campaign, allowing seamless one-to-one user engagement and interactions on a reliable and proven global platform,」 Phunware CEO and co-founder Alan S. Knitowskiwas quoted as saying in the article.

There has been no official connection between Phunware and the new Trump SPAC or app.

Phunware's stock was trading about 300% higher at $6.12 per share at the time of publication.

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