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Why Funko Stock Crashed Today

TheMotleyFool

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Why Funko Stock Crashed Today: https://g.foolcdn.com/editorial/images/707950/funko.jpg

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.

As a result, the stock tumbled 59.3% on the day.

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. That easily beat estimates at $319.6 million

Source Fool.com

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