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MarketFoolery

Lefty’s Win & the Rise of Callaway Golf

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 24 May 2021

⏱️ 18 minutes

🧾️ Download transcript

Summary

Virgin Galactic’s successful test flight sends the stock up 15%. Phil Mickelson’s historic PGA Championship win gives shares of Callaway Golf a boost. Jason Moser analyzes those stories and shares what he’s going to be watching when software giant Autodesk issues its latest earnings report on Thursday afternoon.

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Transcript

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0:00.0

It's Monday, May 24th.

0:04.3

Welcome to Marketfoolery.

0:05.3

I'm Chris Hill with me today.

0:07.3

Jason Moser.

0:08.3

Good to see you.

0:09.3

Attic.

0:10.3

Good to see you.

0:11.3

We've got the business of sports.

0:12.3

We've got an earnings preview, but for the second episode in a row, we're going to talk

0:17.0

about Virgin Galactic, and that's because shares of Virgin Galactic are up 15% today

0:22.6

after the space company's test flight on Saturday went about as well as it could have.

0:27.4

This is their first flight in more than two years, and I think if you're obviously a

0:35.4

shareholder or just someone rooting for advancements when it comes to space, you've got to be

0:43.0

pleased with what happened.

0:44.4

Yeah.

0:45.4

I mean, I'm definitely one of those people who is rooting for those advancements.

0:50.0

I'm not a shareholder, at least not now.

0:53.3

But definitely a company like Virgin Galactic peaks my interest, though, I do like to think

0:58.8

about that kind of stuff.

1:01.4

For me, it was really neat to follow over the weekend.

1:04.0

There was a lot of good content on Twitter, and so it was really encouraging from a number

1:09.6

of angles.

...

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