Why Callaway Golf Company Stock Lost 21% in February

Callaway Golf (NYSE: ELY) shareholders underperformed a historically weak market last month as the stock lost 21% compared to an 8% decline in the S&P 500, according to data provided by S&P Global Market Intelligence.

The drop left Callaway Golf stock down by over 20% so far in 2020 while the broader market is lower by roughly 7%.

Image source: Getty Images.

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Source Fool.com