Why Topgolf Callaway Stock Was Slumping This Week

Over the past few days, investors have not generally been willing to tee up with the stock of Topgolf Callaway Brands (MODG -1.98%). According to data compiled by S&P Global Market Intelligence, as of late Thursday, the golfing specialist's stock was down by almost 13% week to date. News of an uninspiring quarter for the company was the driving factor in the decline.A lousy day on the linksTopgolf unveiled its third-quarter results just after market close on Tuesday. Revenue for the period was slightly over ...