The Details:

The Supreme Court court said that Congress, and not the states, can determine how the 14th Amendment provision can be enforced against federal office-seekers.

“Because the Constitution makes Congress, rather than the states, responsible for enforcing section 3 against all federal officeholders and candidates, we reverse,” the ruling said.

The ruling applies to all states and ensures that Trump will remain on the ballot in all states as the primaries progress. 

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Is PHUN A Good Stock To Buy?

An investor can make a few decisions when deciding whether a stock is a good buy. In addition to valuation metrics and price action which you can find on Benzinga's quote pages – like Phunware‘s page for example – there are factors like whether or not a company pays a dividend or buys a large portion of its stock each quarter.

These are known as capital allocation programs. Phunware does not pay a dividend, but obviously has a few ways it can return value to shareholders. Feel free to search Benzinga's dividend calendar for the next company that is due to pay a dividend and determine what kind of yield you can earn for holding a share of the company.

For example, if you're looking to earn an annualized return of 13.23%, you'll need to buy a share of Nuveen Multi-Asset Income by the Mar. 14, 2024. Once done, you can expect to receive a nominal payout of $0.4 on Apr. 1, 2024.

PHUN Price Action: According to Benzinga Pro, Phunware shares are up 105% at $14.51 at the time of publication.

Image: from Shutterstock