Phunware Shares Decline After Downgrade From H.C. Wainwright

MT Newswires Live11-13

Phunware (PHUN) shares fell nearly 11% in recent trading on Tuesday after H.C. Wainwright downgraded its rating to neutral from buy.

The firm reduced the price target on Phunware's stock to $6 from $9.

Trading volume stood at over 3.7 million shares against a daily average of about 6.4 million shares.

Price: 5.35, Change: -0.64, Percent Change: -10.68

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