PHUN - 'Original' meme stock Phunware set to report as Trump zeal fades Bitcoin buzz remains
Phunware (NASDAQ:PHUN) has lost a lot of its luster as a possible Trump media partner, but shares are still elevated as it gets ready to issued numbers after the bell. The bottom line is forecast to improve from the year-ago period, but the top line is seen falling with four downward revisions from analysts. PHUN soared more than 1,500% to an intraday high of $24 and an eventual closing high of $8.74 after SPAC Digital World Acquisition (NASDAQ:DWAC) announced its deal to become home of Trump Media & Technology Group. Traders latched onto Phunware's (PHUN) connection to Donald Trump in buidling an app for the former president's re-election campaign. Last November the AP wrote a story on how Trump's 2020 re-election was powered by an app built by what it described as a "financially distressed" company that "has received key support from the administration and the president’s campaign." Nothing has come
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'Original' meme stock Phunware set to report as Trump zeal fades, Bitcoin buzz remains