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Callaway Is Launching The Happy Gilmore 2 Limited Edition Odyssey Hockey Stick Putters and Golf Balls to Celebrate The Release Of The Highly Anticipated Movie
Prnewswire· 2025-07-11 14:00
Odyssey has continued to dominate as the #1 Putter for over 25 years on every major worldwide Tour. The Hockey Stick has also been one of the most famous putters in golf lore for nearly 30 years, and this updated model is available in an enhanced design with the unique shape, Odyssey's best technologies, plus a new Happy Gilmore 2-inspired sock headcover. Callaway's Chrome Tour Golf Ball family has been an incredible success in the market and at the professional level with 4 major wins to date, led by an in ...
Why Topgolf Callaway Rallied on Monday
The Motley Fool· 2025-06-09 18:42
Core Viewpoint - Topgolf Callaway's shares surged 11.3% following the disclosure of significant insider buying, suggesting potential investor confidence in the stock's recovery after a substantial decline over the past year [1]. Group 1: Insider Buying - Director Adebayo Ogunlesi purchased 383,701 shares of Topgolf Callaway at an average price of $6.47 per share, totaling approximately $2.5 million [2]. - Ogunlesi's purchase occurred between June 4 and 5, indicating a strategic move to acquire discounted shares amid a challenging market environment [2]. Group 2: Company Performance and Outlook - The stock has decreased by 50% over the past year and is down 83% from its all-time highs in 2021, leading investors to view the insider purchase as a potential signal that the stock may be bottoming out [1]. - High inflation has negatively impacted demand at Topgolf, but there are indications that inflation may be easing, which could improve the company's performance [4]. - Topgolf and Callaway are planning to split the company, with a spin-off of 80.1% of Topgolf expected in late 2025, which may enhance the financial prospects for both entities as independent companies [4]. Group 3: Historical Context and Caution - Ogunlesi has been a board member since 2010 and was involved in the decision to acquire Topgolf, which is now being reversed [7]. - His previous share purchase in June 2023 was followed by a 60% decline in share value, highlighting the need for investors to conduct their own research rather than solely relying on insider actions [7].