112 Albany Street, Cazenovia, NY 13035
(315) 655-2964 Toll Free: 1-800-659-8044



112 Albany Street, Cazenovia, NY 13035



(315) 655-2964 Toll Free: 1-800-659-8044
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Topgolf Callaway (MODG) may sell off a division. The golf conglomerate is up 5% on rumors the company may sell its Topgolf division for a billion dollars to private equity firm, Leonard Green. Currently the whole firm is valued at $2 billion. I guess the firm will have to go back to being called Callaway regain their old symbol, ELY.

StubHub (STUB) stubs its toe. The online ticket marketplace is down 24% following earnings. The company reported a loss as sales rose 7% to $468 billion. The company did not provide guidance as there is a lull of new large tour events in the short term. The Taylor Swift tour was a big boon for the company earlier in the year. One analyst downgraded the stock saying it may take a few quarters for investors to regain confidence with greater transparency of business.

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