Topgolf Callaway Brands: A Bogey At These Prices Looks Improbable
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Topgolf Callaway Brands' shares have significantly declined, but the company plans to split Topgolf and Callaway Golf Company to unlock value. Topgolf will focus on expanding venues, while Callaway Golf Company will manage the debt.
December 29, 2024 | 5:45 am
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Topgolf Callaway Brands' shares have dropped significantly, but the company plans to split its business to unlock value. Topgolf will focus on venue expansion, while Callaway Golf Company will manage the debt.
The planned split of Topgolf and Callaway Golf Company is a strategic move to unlock value, which could positively impact the stock price. Topgolf's focus on expanding venues suggests growth potential, while Callaway Golf Company managing the debt could stabilize financials.
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