ET 16:59

Opendoor, Live Nation, Funko Surge as Supreme Court Strikes Down Tariffs

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Regulatory

Shares of Opendoor, Live Nation, and Funko surged on Feb. 20, 2026, after the Supreme Court struck down sweeping Trump-era tariffs, potentially reducing costs for retailers and manufacturers. The ruling provides relief from import levies, though the administration announced plans for a new 10% global tariff. Funko, up 55.8% year-to-date, remains volatile at $5.24, trading 62.4% below its Feb. 2025 high of $13.92. The stock previously plummeted 31.4% in July 2025 after reporting Q2 revenue of $193.5 million, a 21.9% decline, and an adjusted loss per share of $0.48.

EditorJack Lee