Phunware CFO Resigns, Shares Drop as Volatility Continues

Mobile cloud enterprise solutions company Phunware, Inc. (PHUN) saw its shares fall in premarket trading on Monday after the company announced the resignation of its CFO, Troy Reisner. This comes just a month after CEO Michael Snavely stepped down, adding to the company’s recent volatility, which has been heavily influenced by its ties to former President Donald Trump.

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