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Funko soars after reworking credit agreement

May 08, 2020 12:58 PM ETFunko, Inc. (FNKO) StockFNKOBy: Clark Schultz, SA News Editor2 Comments
  • In a new filing, Funko (FNKO +24.9%) discloses that it entered into an amendment to its credit agreement that included waiving certain financial covenants.
  • JPMorgan also issued a better appraisal of the stock today, saying it expects some gradual improvement out of Funko in the second half of the year even if the real upside isn't until the movie content slate becomes more favorable in 2021 and 2022.
  • SEC Form 8-K

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