What happened to Phunware stock in March?
Oct 26, 2021 · Digital World Acquisition ( DWAC -17.32% ) and Phunware ( PHUN -6.13% ) both saw their stock prices rocket over 1,000% at one point last week, as investors' excitement for the special purpose ...
Does Phunware stock have an upside of 78%?
Apr 14, 2022 · Why Is Phunware (PHUN) Stock Up Today? investorplace.com - March 16 at 12:11 PM: See How This Trader Used Benzinga Pro For Winning Trades On Phunware And Camber Energy - Benzinga benzinga.com - March 15 at 5:18 PM: Phunware Sets Fourth Quarter and Full Year 2021 Earnings Call for Wednesday, March 23, 2022 at 5:00 p.m. ET - Yahoo Finance
Why is Phunware stock so volatile?
Shares of Phunware ( PHUN 2.63% ) fell 90.1% in February, according to data from S&P Global Market Intelligence. This was a quick reversal for the …
Do analysts agree on Phunware (Phu) stock's price target?
Shares of Phunware (NASDAQ: PHUN) are seeing a significant pullback in today's trading. The software company's stock price was down roughly 7.9% as of 11:15 a.m. ET Thursday and had been down as ...
Why has PHUN stock dropped?
The company ended 2021 with sales up roughly 6.4%, which was solid considering that it was facing some challenging growth comparisons, but mounting losses prompted investors to move out of the stock despite management issuing some exciting revenue guidance for this year.Mar 24, 2022
Is PHUN stock a good buy?
Out of 2 analysts, 1 (50%) are recommending PHUN as a Strong Buy, 1 (50%) are recommending PHUN as a Buy, 0 (0%) are recommending PHUN as a Hold, 0 (0%) are recommending PHUN as a Sell, and 0 (0%) are recommending PHUN as a Strong Sell. What is PHUN's earnings growth forecast for 2022-2024?
Will Phunware stock go back up?
During the day the stock fluctuated 3.23% from a day low at $2.17 to a day high of $2.24. The price has fallen in 8 of the last 10 days and is down by -20.22% for this period....Predicted Opening Price for Phunware Inc. of Monday, April 18, 2022.Fair opening price April 18, 2022Current price$2.21$2.21 (Overvalued)
Why did PHUN stock go up?
Phunware Soars on Pact With Parscale-Founded Consultancy Its stock spiked sharply in late 2021 after Trump confirmed his intention to launch a new social media company, which is to be folded into the already-public SPAC Digital World Acquisition Corp (NASDAQ:DWAC).
What will PHUN do?
What does Phunware do? Phunware provides companies with everything they need to succeed on mobile. Phunware's platform, software, data and services give brands the tools to engage, manage and monetize mobile presence with solutions that touch all phases of the mobile application lifecycle.
Is cassava a buy?
Cassava Sciences's analyst rating consensus is a 'Moderate Buy. This is based on the ratings of 5 Wall Streets Analysts.
Who owns Phunware?
The company has more than 940 million monthly unique active devices and has 5 billion daily transactions....Phunware.TypePublicIndustryMobile software BlockchainFounded2009FoundersAlan Knitowski Luan DangHeadquartersAustin, TX Irvine, California San Diego, California Miami, Florida6 more rows
Why did PHUN go up in 2019?
Phunware, founded in 2009, went public via a SPAC in December 2018 and came to some prominence in 2019 for its work with Donald Trump's re-election campaign.Oct 22, 2021
Is Phunware shorted?
As of March 31st, traders have sold 3,660,000 shares of PHUN short. Learn More on Phunware's current short interest.
How can I buy Phunware stock?
How to buy shares in PhunwareCompare share trading platforms. Use our comparison table to help you find a platform that fits you.Open your brokerage account. Complete an application with your details.Confirm your payment details. ... Research the stock. ... Purchase now or later. ... Check in on your investment.
What happened
Shares of Phunware (NASDAQ: PHUN) sank 53.7% in March, according to data from S&P Global Market Intelligence. The stock had its initial public offering in January and has gone on to have one of the most volatile runs of any company on the market this year.
So what
The company published full-year results on March 20, but it's not clear whether the earnings release significantly impacted the market's read on Phunware stock. Sales for the year rose roughly 16% to reach $30.9 million, and the company's adjusted loss per share for the period narrowed to $0.38 -- improving from a per-share loss of $1.06 in 2017.
Now what
Phunware stock has continued to plummet in April, with shares trading down roughly 60% in the month so far as the glow around the company's cryptocurrency and blockchain ambitions has continued to fade.
The maker of mobile app-building platforms ran out of rocket fuel last month, at least temporarily
Anders Bylund is a Foolish Technology and Entertainment Specialist. Where the two markets intersect, you'll find his wheelhouse. He has been an official Fool since 2006 but a jester all his life.
What happened
Shares of Phunware ( NASDAQ:PHUN) fell 90.1% in February, according to data from S&P Global Market Intelligence. This was a quick reversal for the maker of mobile app development tools, which posted a 2,000% gain in January.
So what
Phunware's big January gains started when the company merged with capital investment firm Stellar Acquisition III, converting an investment at arm's length into a direct source of funds to power Phunware's day-to-day operations and strategic goals.
Now what
Owning Phunware wasn't much fun last month. The stock sale -- announced near the peak of the stock's recent gains -- looks like a greedy cash grab that leaves common shareholders hanging. Stellar's backers might indeed take their profits and run, leaving a discarded husk of blockchain hype and empty promises in their wake.
When is Phunware's earnings call 2021?
(NASDAQ:PHUN) will be discussing their earnings results in their 2021 First Quarter Earnings call to be held on May 13, 2021 at 5:00 PM Eastern Time.
What is Phunware 2021?
(NASDAQ: PHUN) (“the Company”), a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide , today announced the initial release of its new mobile application software, PhunWallet, on Google Play for Android. PhunWallet is a cryptocurrency wallet and mobile application that supports Phunware’s blockchain-enabled data exchange and mobile loyalty ecosystem powered b
When will Phunware join the Russell Microcap?
(NASDAQ: PHUN) (“Phunware” or “the Company”) a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide, is set to join the Russell Microcap® Index at the conclusion of the 2021 Russell indexes annual reconstitution , effective after the US market opens on June 28, according to a preliminary list of additions posted June 4. Membership in the Russell Microcap® Inde
Is Phunware a buy right now?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Phunware in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Phunware stock.#N#View analyst ratings for Phunware or view top-rated stocks.
What stocks does MarketBeat like better than Phunware?
Wall Street analysts have given Phunware a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Phunware wasn't one of them.
When is Phunware's next earnings date?
Phunware is scheduled to release its next quarterly earnings announcement on Monday, November 8th 2021.#N#View our earnings forecast for Phunware.
How were Phunware's earnings last quarter?
Phunware, Inc. (NASDAQ:PHUN) posted its earnings results on Thursday, August, 12th. The company reported ($0.12) earnings per share for the quarter, missing analysts' consensus estimates of ($0.08) by $0.04.
How has Phunware's stock price been impacted by COVID-19 (Coronavirus)?
Phunware's stock was trading at $0.82 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, PHUN shares have increased by 26.2% and is now trading at $1.0350.#N#View which stocks have been most impacted by COVID-19.
What price target have analysts set for PHUN?
2 brokers have issued 12-month price objectives for Phunware's shares. Their forecasts range from $1.75 to $2.00. On average, they anticipate Phunware's share price to reach $1.88 in the next twelve months.
What is Alan S. Knitowski's approval rating as Phunware's CEO?
65 employees have rated Phunware CEO Alan S. Knitowski on Glassdoor.com. Alan S. Knitowski has an approval rating of 51% among Phunware's employees. This puts Alan S. Knitowski in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.
What was the cause of the 1929 stock market crash?
Most economists agree that several, compounding factors led to the stock market crash of 1929. A soaring, overheated economy that was destined to one day fall likely played a large role.
Who was the bankrupt investor who tried to sell his roadster?
Bankrupt investor Walter Thornton trying to sell his luxury roadster for $100 cash on the streets of New York City following the 1929 stock market crash. (Credit: Bettmann Archive/Getty Images) Bettmann Archive/Getty Images.
What was the worst economic event in history?
The stock market crash of 1929 was the worst economic event in world history. What exactly caused the stock market crash, and could it have been prevented?
When did the Dow go up?
The market officially peaked on September 3, 1929, when the Dow shot up to 381.
Why did people buy stocks in the 1920s?
During the 1920s, there was a rapid growth in bank credit and easily acquired loans. People encouraged by the market’s stability were unafraid of debt.
What happened in 1929?
In August 1929 – just weeks before the stock market crashed – the Federal Reserve Bank of New York raised the interest rate from 5 percent to 6 percent. Some experts say this steep, sudden hike cooled investor enthusiasm, which affected market stability and sharply reduced economic growth.
