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Sunday, November 5, 2017

Funko IPO Has Worst First Day in 17 Years

A lot of people were surprised when ICv2 reported that Funko, the makers of those cute little blank-eyed pop culture figures, had sales that were “nearly the size of the entire comics and graphic novel business”. They did over $200 million in the first half of this year, although they ultimately ran a loss due to debt and taxes. This was all leading up to their IPO, their initial public stock offering, which happened last Thursday. Unfortunately, it didn’t go [...]
from Comics Worth Reading http://ift.tt/2A98AmE


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