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Topgolf Callaway falls 17% to 2023 low after outlook disappoints

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Callaway Golf Weighs Takeover Bids

Tim Boyle/Getty Images News

Topgolf Callaway Brands Corp (NYSE:MODG) dropped sharply in early trading on Wednesday after reporting results for a typically slow quarter.

Despite a top-line Q1 beat off 12.5% year-over-year overall revenue growth, investors were in a selling mood as they digested the numbers. Golf


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