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Callaway Golf pops after Jana Partners takes an interest

Jun. 13, 2019 9:49 AM ETTopgolf Callaway Brands Corp. (MODG) StockMODGBy: Clark Schultz, SA News Editor
  • Callaway Golf (ELY +12.3%) soars after Jana Partners discloses that it holds a 9.22% stake.
  • Jana indicates that it intends to have discussions with the company's board and management regarding portfolio composition, strategic alternatives, capital allocation, acquisition strategy, operating performance and cost management.
  • Jana holds in tandem with other reporting persons a 9.50% stake in the golf club maker.
  • SEC Form 13D

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