Callaway Stockholders in the Rough this Spring: Chart of the Day

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Callaway Stockholders in the Rough this Spring: Chart of the Day

Callaway Stockholders in the Rough this Spring: Chart of the Day
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Callaway Stockholders in the Rough this Spring: Chart of the Day

by TheStreet 1:06 mins

Tiger Woods can't stop running into bad news, and now, Phil Mickelson is reportedly tangled in an insider trading investigation. To say things haven't gone well for the gentlemen's game lately is an understatement. But, for markets, investors have seen golf stocks in the rough, as well. Dick's Sporting Goods watched its golf sales plummet, and Callaway stock is down 22 percent since the beginning of April. Our Chart of the Day looks at whether Callaway can hit its way out of the rough, or if its shareholders are bound for a sand trap. If it decides to sell more of its ancillary brands, there are likely bidders.

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