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Benzinga
Benzinga
Business
Henry Khederian

Funko (FNKO) Stock Plummets On Q2 Earnings Miss, Weak Outlook

FNKO Funko
Double,Exposure.,Technical,Candlestick,Price,Chart,,Up,And,Down,Trend,

Funko Inc (NASDAQ:FNKO) shares are plunging in Friday trading after the pop culture lifestyle brand reported second-quarter financial results that missed Wall Street expectations and provided a weak forecast.

What To Know: The company announced net sales of $193.5 million for the quarter, a 21.9% decrease from the $247.7 million recorded in the same period last year and below the consensus estimate of $203.2 million.

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