Topgolf Callaway Brands, headquartered in Carlsbad, California, employs 32,000 staff and manufactures golf equipment, accessories, and apparel under various brands. Its segments include Topgolf entertainment, Golf Equipment, and Active Lifestyle products.
MODG has been in the news recently: Topgolf Callaway Brands' shares increased by 11% after director Adebayo Ogunlesi purchased $2.5 million in stock, marking their highest level since May 13. Additionally, the company's stock rose by 5%, contributing to a total surge of nearly 15% following the director's share acquisition.
📡️ Consumer Discretionary
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