Curious to know what's happening on the US markets one hour before the close of the markets on Monday? Join us as we explore the top gainers and losers in today's session.
Pop culture collectibles manufacturer Funko (NASDAQ:FNKO) met Wall Street’s revenue expectations in Q1 CY2025, but sales fell by 11.6% year on year to $190.7 million. Its non-GAAP loss of $0.33 per share was 24.1% above analysts’ consensus estimates.
Investors looking for hidden gems should keep an eye on small-cap stocks because they’re frequently overlooked by Wall Street.
Many opportunities exist in this part of the market, but it is also a high-risk, high-reward environment due to the lack of reliable analyst price targets.
A number of stocks jumped in the afternoon session after investor sentiment improved on renewed optimism that the US-China trade conflict might be nearing a resolution. According to reports, Treasury Secretary Scott Bessent reinforced this positive outlook by describing the trade war as "unsustainable," and emphasized that a potential agreement between the two economic powers "was possible."
His comments signaled to markets that both sides might be motivated to seek common ground, raising expectations for reduced tariffs and more stability across markets.
Wall Street is overwhelmingly bullish on the stocks in this article, with price targets suggesting significant upside potential.
However, it’s worth remembering that analysts rarely issue sell ratings, partly because their firms often seek other business from the same companies they cover.
Shares of pop culture collectibles manufacturer Funko (NASDAQ:FNKO)
fell 17.8% in the afternoon session after President Trump announced "reciprocal tariffs" on all US imports, set at a minimum rate of 10%. From clothing brands and electronics makers to the e-commerce sites that move their goods, companies built on global supply chains took the biggest hit.
Stocks with heavy exposure to Asia were especially hard-hit, as the new tariffs threatened the growth and profits of firms with factories in the region. Vietnam, central to many companies' production plans, faced a 46% tariff. Cambodia and Indonesia were also in the crosshairs, with tariff rates of 49% and 32%. These measures could significantly erode the competitiveness of goods produced in those regions. For example, reduced production volumes would negatively affect the sales growth of all companies benefiting from these manufacturing hubs.
Numerous public companies have updated their 2025 guidance in response to the Trump administration's tariffs on China, Mexico and Canada, but additional tariffs on other countries could have significant impacts.
Looking back on toys and electronics stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Bark (NYSE:BARK) and its peers.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the toys and electronics industry, including Hasbro (NASDAQ:HAS) and its peers.
Looking back on toys and electronics stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Funko (NASDAQ:FNKO) and its peers.
Shares of pop culture collectibles manufacturer Funko (NASDAQ:FNKO)
fell 15.9% in the afternoon session after the company reported weak fourth quarter results: its full-year revenue and EBITDA guidance missed. Tariffs on Chinese imports and continued softness in U.S. sales remained headwinds. However, Funko managed to outperform analysts' estimates on both revenue and EBITDA during the quarter, driven by strength in its direct-to-consumer and EMEA businesses. Still, despite those bright spots, the overall picture leaned weak, and that's likely what weighed on sentiment.
All three major indices were red in Friday’s midday trading, with the S&P 500 and Nasdaq 100 down 1% and 1.24%, respectively, and on track for their worst weeks since September 2024.
Pop culture collectibles manufacturer Funko (NASDAQ:FNKO) beat Wall Street’s revenue expectations in Q4 CY2024, but sales were flat year on year at $293.7 million. On the other hand, next quarter’s revenue guidance of $193 million was less impressive, coming in 21.5% below analysts’ estimates. Its non-GAAP profit of $0.03 per share was 2 cents below analysts’ consensus estimates.
All three major indices remain in the red midday Thursday, after trimming earlier losses which saw the Dow Jones down more than 600 points at session lows. The major averages lost more than 2% this week as U.S.
