Previous Close | 4.2500 |
Open | 4.2500 |
Bid | 4.4000 |
Ask | 5.0000 |
Strike | 17.50 |
Expire Date | 2023-01-20 |
Day's Range | 4.2500 - 4.2500 |
Contract Range | N/A |
Volume | |
Open Interest | 37 |
Hasbro (HAS) currently benefits from an increased focus on eOne Content, rapid growth in emerging markets and sales-boosting efforts.
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
The catalyst that sent the pop culture toy and accessory maker higher was bullish commentary by a Wall Street analyst. J.P. Morgan analyst Megan Alexander upgraded Funko stock to overweight (buy) from neutral (hold), while also boosting the investment bank's price target to $28, up from $25. The analyst believes investors have yet to fully appreciate the strength of Funko's sales rebound, led by the company's "stable of evergreen properties," which will act as a "consistent ballast to the business," particularly in a recessionary environment.