Advertisement
Australia Markets closed

  • ALL ORDS

    8,022.70
    +28.50 (+0.36%)
     

  • ASX 200

    7,749.00
    +27.40 (+0.35%)
     

  • AUD/USD

    0.6622
    +0.0001 (+0.0192%)
     

  • OIL

    79.70
    +0.44 (+0.56%)
     

  • GOLD

    2,373.60
    +33.30 (+1.42%)
     

  • BTC-AUD

    95,239.40
    +2,952.16 (+3.20%)
     

  • CMC Crypto 200

    1,302.85
    -55.16 (-4.06%)
     

  • AUD/EUR

    0.6136
    -0.0002 (-0.04%)
     

  • AUD/NZD

    1.0972
    +0.0003 (+0.03%)
     

  • NZX 50

    11,755.17
    +8.59 (+0.07%)
     

  • NASDAQ

    18,233.62
    +120.16 (+0.66%)
     

  • FTSE

    8,434.92
    +53.57 (+0.64%)
     

  • Dow Jones

    39,560.19
    +172.43 (+0.44%)
     

  • DAX

    18,767.84
    +81.24 (+0.43%)
     

  • Hang Seng

    18,963.68
    +425.87 (+2.30%)
     

  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     

Why Funko Stock Crashed Today

Jeremy Bowman, The Motley Fool
·2-min read
Why Funko Stock Crashed Today

Shares of Funko (NASDAQ: FNKO) were taking a dive today after the toy maker missed earnings estimates in its third-quarter earnings report, and its guidance called for flat growth in the key holiday quarter. Revenue growth from the maker of POP figurines was actually strong, rising 36.6% to $365.6 million, with solid growth in all regions and categories. Management also slashed its full-year earnings per share guidance from $1.88 to $1.99 to just $0.85 to $0.95, implying earnings per share of just $0.12 to $0.22 in the fourth quarter.

Continue reading