Why Topgolf Callaway Stock Was a Solid Hit in March
MODGTopgolf Callaway Brands (MODG) The Motley Fool·2024-04-06 06:31

Deal chatter has investors hoping an ill-fated acquisition might be undone. Rumors are swirling about a potential deal involving Topgolf Callaway Brands (MODG 1.23%), leaving investors dreaming about above-par returns. Shares of the golf and entertainment company climbed 13.6% in March, according to data provided by S&P Global Market Intelligence, as the market digested buyout talk from overseas. Will Topgolf get a merger mulligan? Topgolf Callaway was formed by a 2021 merger that, although seemingly logica ...