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Stock impact report

The Masters tees off, putting spotlight on golf, sports and gaming stocks [Seeking Alpha]

Topgolf Callaway Brands Corp. (MODG) 
Company Research Source: Seeking Alpha
As golfers get ready to drive the ball, a handful of golfing, sporting, and casino/gaming stocks come into view. Golf continues to grow in popularity, with an estimated 123 million people partaking in the sport, according to the National Golf Foundation. A number that has increased by 30% since 2016, the organization said. “There were a record 531 million rounds played in 2023, surpassing the previous high of 529 million set in 2021.” the National Golf Foundation stated. Golfing Stocks: Pure golfing-focused stocks typically fly under the radar, but the sport's biggest weekend puts a spotlight on names like Topgolf Callaway Brands Corp. ( NYSE: MODG ) and Acushnet Holdings Corp. ( NYSE: GOLF On the year, MODG is and GOLF is Sporting Stocks: While not solely targeted at golf, companies like Nike ( NKE ) and Under Armour ( UAA ) represent equipment and apparel makers for the sport. Meanwhile, DICK'S Sporting Goods ( DKS ) offers a high-volume retailer of equipment. In 202 Show less Read more
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