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On August 24, 2022, Callaway Golf Company announced plans to change its corporate name to Topgolf Callaway Brands Corp. [20] Effective September 7, 2022, Topgolf Callaway Brands Corp. changed its ticker symbol on the New York Stock Exchange from "ELY" to "MODG".
On Thursday, Jefferies sell-side analyst David Katz upgraded Callaway from hold to buy while giving the stock a $13 price target, compared with a $7.86 price to start the day. Why Shares of ...
Shares of Callaway Golf plunged on Tuesday following an announcement that Callaway and Topgolf had agreed on an all-stock merger, with Topgolf having an implied equity value of approximately $2 ...
At the time, Callaway held a 14% share of Topgolf. [19] Callaway had invested in Topgolf since 2006, with CEO Chip Brewer serving on the Topgolf board since 2012. [20] In October 2023, Topgolf Callaway successfully completed the acquisition of its competitor, BigShots Golf, for a sum of $29 million.
Over the past few days, investors have not generally been willing to tee up with the stock of Topgolf Callaway Brands (NYSE: MODG). According to data compiled by S&P Global Market Intelligence, as ...
Topgolf Callaway Brands: CLFD: Clearfield: MODG was moved from the S&P 400 as it was more representative of the small cap market space. CLFD was removed from the S&P 600 as it was no longer representative of the small-cap market space. [43] December 18, 2023: VSTS: Vestis: OSPN: OneSpan
Topgolf Callaway Brands (NYSE: MODG) Q2 2024 Earnings Call Aug 07, 2024, 5:00 p.m. ET. Contents: Prepared Remarks. ... Before you buy stock in Topgolf Callaway Brands, consider this:
Global Payments is acquiring Heartland Payment Systems. Post-merger, Global Payment's market capitalization will be more representative of the large cap market space. GameStop is ranked near the bottom of the S&P 500 and has a market capitalization that is more representative of the mid-cap market space. [259] April 18, 2016: THC: Tenet ...