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Why Funko Stock Is Soaring Today

Why Funko Stock Is Soaring Today

Funko (NASDAQ: FNKO) stock is seeing big gains in Friday's trading. Funko published third-quarter earnings results after the market closed yesterday, and its sales and earnings performance topped Wall Street's expectations. The company reported a non-GAAP (adjusted) profit of $0.03 per share on sales of $312.9 million, beating the average analyst earnings target by $0.08 per share and the average sales target by roughly $23.3 million.