Phunware shares are trading higher amid volatility in Trump-related stocks after Donald Trump won the Missouri and Idaho Republican caucuses. Also, the Supreme Court ruled that Colorado can't remove Donald Trump from the Republican primary ballot in the state.
Portfolio Pulse from Benzinga Newsdesk
Phunware shares are experiencing an increase in trading volume and price amid volatility in stocks related to Donald Trump following his victories in the Missouri and Idaho Republican caucuses. Additionally, the Supreme Court's decision to prevent Colorado from removing Trump from the Republican primary ballot has contributed to this volatility.
March 04, 2024 | 3:42 pm
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Phunware shares are trading higher due to increased interest and volatility in Trump-related stocks following his recent political victories and a Supreme Court ruling.
Phunware's stock price is likely to increase in the short term due to heightened interest and speculative trading following Trump's political successes and related Supreme Court decision. These events have historically influenced investor sentiment and trading volume in stocks associated with political figures, leading to increased price volatility.
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