TopGolf Callaway Was Soaring This Week: Here's Why
MODGTopgolf Callaway Brands (MODG) The Motley Fool·2024-03-23 03:30

Shares of TopGolf Callaway stock (MODG 1.19%) started roaring higher this week, according to data from S&P Global Market Intelligence. The golf equipment and entertainment company started moving higher after reports a South Korean investor group was going to buy its golf equipment and apparel business. However, management refuted these claims and said they weren't aware of any talks. As of 2:57 p.m. ET on Friday, March 22, shares of TopGolf Callaway are up 13.7% this week. Is the company selling? No, accord ...