Alert: Major Price Advance (8/13/24)-Calumet Specialty Products Partn (NASDAQ: CLMT).

On 8/13/24, Calumet Specialty Products Partn (NASDAQ: CLMT) stock enjoyed a major increase of 12.6%, closing at $15.98. Moreover, trading volume in this advance was exceptionally high at 408% of normal. Relative to the market the stock has been weak over the last nine months but has risen 39.3% during the last week.

CLMT is expected to be a major Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.
Calumet Specialty Products Partn is currently unrated.
The stock is currently unrated.