A controversial merger where the popularity of Topgolf fizzled after Covid and the company's pricing was too aggressive, leading to bad numbers last year. The merger failed. Also, with a possible recession and weakening consumer, avoid this.
Stock price when the opinion was issued
This should be a good stock. Shares should have moved by now.
He got cold feet on this stock, and shares then fell 44%. Now, he's still not touching it.
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ReSolve Asset Management
5i Research
CNBC
Private Wealth Management, ScotiaMcleod
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A controversial merger where the popularity of Topgolf fizzled after Covid and the company's pricing was too aggressive, leading to bad numbers last year. The merger failed. Also, with a possible recession and weakening consumer, avoid this.