Phunware stock was up 1,000% on Friday. What the heck is Phunware?

A tiny, money-losing Trump-linked software company has a stock that is surging, but what’s behind all this PHUN?

At one point early Friday, shares in Phunware PHUN had surged more than 1,100%, giving the company a market cap close to $2 billion.

That’s not too shabby for a relatively tiny Austin, Texas-based tech outfit specializing in advertising…