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Benzinga
Benzinga
Business
Melanie Schaffer

Why Acushnet, Callaway Stocks Could Provide A Hole-In-One After Masters Wraps Up

Acushnet Callaway NYSE ELY Masters Masters Tournament

Acushnet Holdings Corp. (NYSE:GOLF) and Callaway Golf Company (NYSE:ELY) were trading about 1.9% and 1.5% higher, respectively, on Friday as the second day of the Masters Tournament was underway.

The two golf stocks have taken a beating over the past months, with Acushnet falling 28% from its Nov. 5, 2021 and Nov. 8, 2021 all-time high of 57.87 and Callaway plummeting 40% since reaching an all-time high of 37.75 on June 1.

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