Funko shares rise 11.17% intraday after releasing Paul Skenes' first Funko Pop! figurine, capitalizing on the star pitcher's celebrity and collector demand.

Funko surged 11.17% intraday trading following the release of its first Paul Skenes Funko Pop! vinyl figurine, a highly anticipated product tied to the Pittsburgh Pirates star’s growing popularity. The figurine, unveiled on January 7, 2026, builds on Skenes’ existing fanbase, evidenced by sold-out bobblehead promotions in 2025 that drew large crowds and generated significant buzz. This new Pop! figure, priced at $14.99 with an estimated February release, taps into collector demand and aligns with prior successful merchandise tie-ins, including Skenes’ Cy Young Award bobblehead. The move follows a strategic focus on athlete collaborations, which have historically driven sales momentum for the company.