Advertisement
Canada markets close in 59 minutes
  • S&P/TSX

    22,030.93
    +158.97 (+0.73%)
     
  • S&P 500

    5,072.05
    +61.45 (+1.23%)
     
  • DOW

    38,496.61
    +256.63 (+0.67%)
     
  • CAD/USD

    0.7322
    +0.0021 (+0.28%)
     
  • CRUDE OIL

    83.35
    +1.45 (+1.77%)
     
  • Bitcoin CAD

    91,257.14
    +599.30 (+0.66%)
     
  • CMC Crypto 200

    1,434.24
    +19.48 (+1.38%)
     
  • GOLD FUTURES

    2,338.10
    -8.30 (-0.35%)
     
  • RUSSELL 2000

    2,010.12
    +42.65 (+2.17%)
     
  • 10-Yr Bond

    4.5940
    -0.0290 (-0.63%)
     
  • NASDAQ

    15,719.77
    +268.46 (+1.74%)
     
  • VOLATILITY

    15.74
    -1.20 (-7.08%)
     
  • FTSE

    8,044.81
    +20.94 (+0.26%)
     
  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     
  • CAD/EUR

    0.6835
    -0.0015 (-0.22%)
     

Why Have Investors Soured on Topgolf Callaway Stock?

Why Have Investors Soured on Topgolf Callaway Stock?

You might know Topgolf Callaway Brands (NYSE: MODG) as a leader in golf equipment sales. As the company opens up more Topgolf locations and grows Topgolf revenue, its consolidated business becomes less reliant on the cyclical golf equipment industry. Topgolf Callaway now has three operating segments: golf equipment, Topgolf, and apparel.