FNKO Stock Recent News

EVERETT, Wash.--(BUSINESS WIRE)--Funko, Inc. (Nasdaq: FNKO), a leading pop culture lifestyle brand, today announced that it has agreed to resolve derivative claims asserted on the company's behalf and for the company's benefit in multiple stockholder derivative lawsuits filed in the United States District Court for the Central District of California and the Court of Chancery of the State of Delaware. On July 26, 2024, the Court entered an order preliminarily approving the settlement terms and p.

Funko shares have surged 42% since March despite falling revenue, mainly because signs of a successful turnaround are emerging. This follows a very tough 2023 fiscal year market by plunging sales and falling profits and cash flows. Management expects revenue to stabilize in 2024, with lower debt, reduced inventory, and potential for further growth.

From a technical perspective, Funko, Inc. (FNKO) is looking like an interesting pick, as it just reached a key level of support. FNKO's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.

EVERETT, Wash.--(BUSINESS WIRE)--Funko, Inc. (Nasdaq: FNKO) (the “Company” or “Funko”), a leading pop culture lifestyle brand, today announced that on May 20, 2024, the Compensation Committee of Funko's Board of Directors granted (i) non-qualified stock option awards to purchase an aggregate of 297,974 shares of its Class A common stock (the “Common Stock”) $0.0001 par value per share, (ii) restricted stock unit awards covering an aggregate of 385,208 shares of Common Stock (the “Initial RSU Gr.

Here is how Funko-A (FNKO) and Royal Caribbean (RCL) have performed compared to their sector so far this year.

Funko's (FNKO) Q1 results reflect significant boost in gross margin, lower freight cost and better inventory management.

Funko Inc (NASDAQ:FNKO) shares traded more than 6% higher as the pop culture lifestyle brand issued stronger-than-expected guidance for the second quarter despite a quarterly sales miss. It guided revenue of $232.5 million at the midpoint for 2Q, about 1% above Street estimates of $230.1 million.

Funko Inc. on Thursday said it had appointed gaming and e-commerce veteran Cynthia Williams as its new chief executive, marking yet another change at the top over the past two years as the toy maker tries to find the right leadership combination to navigate an extended stretch of weaker demand.

Funko-A (FNKO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Funko is a well-known company that sells vinyl figures, with a portfolio of over 1,500 licenses. The company has a strong fan base and a high percentage of repeat customers, making it an attractive partner for brands. FNKO is simplifying its business, focusing on its core products, and improving its distribution chain to increase profitability.