Callaway Is Firing on All Cylinders: Is It a Buy?
Since Callaway Golf (NYSE: ELY) first announced in Oct. 2020 that it would be acquiring the entertainment brand Topgolf for $2.6 billion in stock, its share price has increased by more than 30% -- and that's after declining over 30% in the past six months. Since unveiling the Topgolf deal, all of Callaway's operating segments have also been on a roll, and the latest quarter was no exception.
Here's why Callaway investors should be very excited about what's to come.
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Source Fool.com
