Why Funko Stock Was Climbing Today

Jeremy Bowman, The Motley Fool
·2 min read
Why Funko Stock Was Climbing Today

Shares of Funko (NASDAQ: FNKO) were surging today after the maker of Pop! Piper Sandler analyst Erinn Murphy lifted her rating on the stock from neutral to overweight after meeting with management. With the stock price now down 38% year to date, Murphy sees upside potential coming out of the fourth quarter as she expects U.S. sales to be up modestly in the key holiday period.