What happened Shares of Funko (NASDAQ: FNKO) were taking a dive today despite a better-than-expected second-quarter earnings report. It's not clear why the toy maker's stock fell, though investors may have been disappointed by a decline in profits and expectations for decelerating growth.
Funko-A (FNKO) delivered earnings and revenue surprises of 18.18% and 5.32%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
EVERETT, Wash., August 04, 2022--Funko, Inc. ("Funko," or the "Company") (Nasdaq: FNKO), a leading pop culture lifestyle brand, today reported its consolidated financial results for the second quarter ended June 30, 2022.