29 Oct '16, 11am

Acushnet IPO off to an underwhelming start

Not failing at the moment, but now that they have shareholders on board the fall will slowly begin. Shareholders do not care one bit (the bigger ones at least) about the company – they care about their investment “share price” and want it to grow. In a flatlined industry with no star stepping up for likely quite a while they have two options to grow share price – increase price and decrease quality … I suspect prices are near the max now for what the larger public can afford so reducing quality will likely be next – let the tumble begin.

Full article: http://www.golfwrx.com/408410/acushnet-ipo-off-to-an-unde...

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