Callaway (ELY) Shares Sink as Layoffs Could Be Coming
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Shares of Callaway (NYSE: ELY) have tumbled about 3 or 4 percent over just the last few minutes of trade as we are hearing the company could be planning to reduce its employee headcount by about 10 percent.
After opening flat at $6.20 this morning, Callaway shares are now down to $5.97.
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After opening flat at $6.20 this morning, Callaway shares are now down to $5.97.
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