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Why Funko Stock Just Popped by 13%


Shares of toy figurines-maker Funko (NASDAQ: FNKO) closed Friday up by 13.2% after trading mostly flat on Thursday.

So what changed in the story of this consumer discretionary toy seller? Really, only one thing. After the close of trading Thursday, Funko announced the date and time for its next quarterly earnings release: Nov. 5 after the market closes.  

Was that a good enough reason for Funko's stock price to have popped? I mean, we may not have known until now precisely when Funko was planning to report earnings, but at least we knew that it was going to report ... eventually.

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Source Fool.com

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