Previous Close | 6.20 |
Open | 6.20 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 25.00 |
Expire Date | 2024-01-19 |
Day's Range | 6.20 - 6.20 |
Contract Range | N/A |
Volume | |
Open Interest | N/A |
In a historic and shocking move, the PGA Tour announced a merger with the Saudi-backed LIV Golf on Tuesday. Yahoo Finance spoke to experts, analysts, and reporters to discuss the impact of the deal on the sports industry, the economy, and the markets. Yahoo Finance markets reporter Josh Schafer discussed the details of the merger and its impact on the markets. Schafer said, "The Saudi public investment fund will be bankrolling a large portion of that new league to create this big, giant gold conglomerate. You can see golf stocks today have actually popped on this." Wedbush Managing Director and Senior Equity Analyst Dan Ives provided his instant reaction. Ives said, "I'd call this, as a huge golf fan, an absolute shocker." Yahoo Finance anchor Akiko Fujita examined some of the reasons why the deal may have happened. Fujita said, "On the PGA side, it was about the Saudis ... we would never go near that. At the end of the day, it's business." David Mazza, Roundhill Investments Chief Strategy Officer, discussed the business implications of the deal. Mazza said, "There are a smaller and smaller handful of companies that are gobbling up everything." Lisa Ellis, Senior Equity Analyst at MoffettNathanson, provided her reaction upon hearing the news. Ellis said, "I don't fully understand either the process by which this happened or the premise of it, especially given that the tours were already under a bit of regulatory scrutiny." Yahoo Sports Reporter Jay Busbee analyzed the new business partnership between the PGA Tour and LIV Golf. Busbee said, "From a business perspective, this was kind of always how the story was going to end as long as Saudi Arabia stayed interested." Mark Patricof, Founder and CEO of Patricof Co, talked about the implications of the merger on golf and the sports industry. Patricof said, "This was all about money. I don't ever think it was (about) anything else." Hussein Ibish, Senior Resident Scholar at the Arab Gulf States Institute, examined the reasoning behind the deal for Saudi Arabia. Hussein said, "This PGA merger, it's designed not only to diversify Saudi Arabia's economic holdings, but also to help its image internationally." Video highlights: 00:00:03 - Yahoo Finance markets reporter Josh Schafer 00:00:25 - Wedbush Managing Director and Senior Equity Analyst Dan Ives 00:00:33 - Yahoo Finance anchor Akiko Fujita 00:00:50 - Roundhill Investments Chief Strategy Officer David Mazza 00:00:59 - MoffettNathanson Senior Equity Analyst Lisa Ellis 00:01:18 - Yahoo Sports Reporter Jay Busbee 00:01:33 - Founder and CEO of Patricof Co Mark Patricof 00:01:49 - Arab Gulf States Institute Senior Resident Scholar Hussein Ibish
American Outdoor Brands, Inc. (AOUT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...
ANOKA, Minn., May 11, 2023--Vista Outdoor Inc. (NYSE: VSTO), the parent company of 41 renowned brands that design, manufacture and market sporting and outdoor lifestyle products to consumers around the globe, will be participating in four investor conferences in May and June.
Vista Outdoor (VSTO) delivered earnings and revenue surprises of 20% and 1.04%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
ANOKA, Minn., May 03, 2023--Vista Outdoor Inc. (NYSE: VSTO), the parent company of 41 renowned brands that design, manufacture and market sporting and outdoor lifestyle products to consumers around the globe, today reported operating results for the fourth quarter and Fiscal Year 2023 (FY23), which ended on March 31, 2023.
ANOKA, Minn., April 26, 2023--Vista Outdoor will donate $85,000 in unused funds from the Vista Outdoor Political Action Committee to five nonprofit organizations.
While Vista Outdoor Inc. ( NYSE:VSTO ) might not be the most widely known stock at the moment, it received a lot of...
Key Insights Given the large stake in the stock by institutions, Vista Outdoor's stock price might be vulnerable to...
Vista Outdoor Inc said on Thursday Chief Executive Officer Chris Metz would resign from his role after the company's board lost confidence in his leadership. The board, which named director Gary McArthur as Vista's interim chief, said Metz would also quit as a director. The leadership reshuffle comes at a time when Vista is in the process of spinning off its ammunition and outdoor products businesses into two independent and publicly-traded companies.
Vista Outdoor (VSTO) delivered earnings and revenue surprises of 19.27% and 0.78%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...
Investors need to pay close attention to Vista Outdoor (VSTO) stock based on the movements in the options market lately.
Vista Outdoor ( NYSE:VSTO ) Second Quarter 2023 Results Key Financial Results Revenue: US$781.7m (flat on 2Q 2022). Net...
While Vista Outdoor Inc. ( NYSE:VSTO ) might not be the most widely known stock at the moment, it saw significant share...
Vista Outdoor (VSTO) delivered earnings and revenue surprises of 1.18% and 0.09%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
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Vista Outdoor (NYSE:VSTO) has had a rough three months with its share price down 10.0%. However, a closer look at its...
Academy Sports and Outdoors, Acushnet Holdings and Vista Outdoor have been highlighted in this Industry Outlook article.
Vista Outdoor (VSTO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
A look at the shareholders of Vista Outdoor Inc. ( NYSE:VSTO ) can tell us which group is most powerful. And the group...