By Dhirendra Tripathi
Investing.com – Phunware stock (NASDAQ:PHUN) was defying all conventions Friday as it rose 1,468% on speculation that the company is being tapped to build former U.S. President Donald Trump’s proposed social media platform.
Trading in the stock was halted later. It jumped 1,000% after it resumed.
The stock touched a high of $24.04 during the session. It had closed at $1.53 Thursday.
More than 197 million shares of the company changed hands on Nasdaq in less than an hour…
Source link