Topgolf Sent Callaway Into the Rough – Daily Frontline

Duffers are ruining things for Topgolf Callaway MODG -9.05%decrease; red down pointing triangle.

Serious golfers are reliably showing up on golf courses, spending money on their equipment and golf balls. But recreational players are no longer as keen on shelling out some $70 an hour on a driving range for fun these days. This has been just one of many problems plaguing the company since it bought recreational driving-range operator Topgolf.