There's a real hunger and demand for an alternative to the existing hierarchy of social media platforms as Phunware's (NASDAQ: PHUN) stock recently illustrated.
The possibility of former President Trump creating an alternative to Meta (formerly Facebook), Twitter, and even Netflix sent shares of the advertising software provider stratospheric even if they did ultimately return to Earth on the realization a viable option is years away from reality.
With Phunware's stock trading at triple the price it started the year at and over 600% above its low point, is this former penny stock a buy not just at these levels but at all? Let's find out.
Source Fool.com