Fully integrated enterprise cloud platform Phunware Inc. (PHUN), which is headquartered in Austin, Tex., is the pioneer of Multiscreen-as-a-Service (MaaS), which provides enterprises with the tools, solutions, data, and services required to engage, manage, and monetize their mobile application portfolios and audiences at scale internationally. The stock has gained 112.9% in price over the past year to close yesterday's trading session at $2.83.
In addition, the shares soared nearly 12.5% on Tuesday on speculation surrounding connections between the company and Trump Media & Technology Group's planned Truth Social media platform.
