Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Topgolf (MODG) His New 1-Year High on $1-Billion Sale of Entertainment Arm [Yahoo! Finance]

Topgolf Callaway Brands Corp. (MODG) 
Company Research Source: Yahoo! Finance
Topgolf rallied to a new one-year high on Friday, as investors positioned portfolios amid reports that it is exploring a sale of its entertainment business for around $1 billion. At intra-day trading, the stock soared to its highest price of $11.60 before trimming gains to end the day just up by 6.52 percent at $11.27 apiece. According to a report by Wall Street Journal, citing sources privy to the matter, Topgolf Callaway Brands Corp. (NYSE:MODG) is now in talks with private equity firm Leonard Green & Partners for the potential takeover. Pixabay/Public Domain The move followed announcements last year that it would split its businesses into two to focus on their strengths and capitalize on the strong growth of its Callaway gold equipment and lifestyle brand. Meanwhile, Bloomberg reported last month that Topgolf Callaway Brands Corp. (NYSE:MODG) was also considering a sale of its Callaway brand and that it was already soliciting interests from private equity funds and fashi Show less Read more
Impact Snapshot
Event Time:
MODG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
MODG alerts

from News Quantified
Opt-in for
MODG alerts

from News Quantified