Shares of Phunware, Inc. (PHUN) are surging more than 126 percent on Tuesday morning trade following news of Donald Trump's winning a major victory in the Iowa Republican caucuses.
Stocks linked to Trump are up today including Digital World Acquisition which is set to combine with Trump's social media company Trump Media & Technology Group. Phunware also was involved in Trump's election campaign in 2020.
Currently, shares are at $0.177, up 133.80 percent from the previous close of $0.75 on a volume of 306,197,888.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.