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Funko Flops As IPO Market Cools Once Again
Saturday, November 4, 2017 - 2:38pm | 686When pop culture consumer products company Funko Inc (NASDAQ: FNKO) went public, it offered 10.42 million shares at $12 per share. On its Thursday, Nov. 2 debut, the stock opened down at $8 and closed with a loss of 41 percent at $7.07. It's one of many signs that the IPO market,...