Why Phunware Stock Soared Today

Why Phunware Stock Soared Today
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Phunware (NASDAQ: PHUN) fought through turbulence in the broader market to post big gains in Tuesday's trading. There doesn't appear to be any fresh business-specific news behind's Phunware's surge, but Tuesday was a day of big gains for stocks associated with former president Donald Trump. Digital World Acquisition (NASDAQ: DWAC), which is set to merge with Trump Media & Technology, closed out the session up roughly 21.8%.

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