PHUN - What's Going On With Trump-Linked Phunware Stock Today? | Benzinga
Phunware Inc (NASDAQ:PHUN) shares are trading lower Wednesday after the company announced a proposed public offering.
What Happened: Phunware launched a $10 million public offering on Wednesday. The company said it plans to offer and sell 40 million shares of its common stock at a price of 25 cents per share. All of the shares are being offered by Phunware.
Gross proceeds are expected to total $10 million. Phunware said it plans ...