GolfSmith IPO Falls Short

GolfSmith’s IPO apparently has generated just $69 million, far short of the $100 million the company had expected. Golf Galaxy recently pulled its underwriting. Callaway is buying back its own stock.

Clearly the “Street” is not impressed with golf stocks these days.


Discover more from GolfBlogger Golf Blog

Subscribe to get the latest posts sent to your email.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Discover more from GolfBlogger Golf Blog

Subscribe now to keep reading and get access to the full archive.

Continue reading