Alert: Major Price Advance (8/22/24)-Calumet Specialty Products Partn (NASDAQ: CLMT).

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Calumet Specialty Products Partn (NASDAQ: CLMT) stock closed at $20.64 on 8/22/24 after a major increase of 17.9%. Moreover, exceptionally high trading volume at 538% of normal accompanied the advance. The stock has risen 29.4% during the last week but has been weak relative to the market over the last nine months.

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Current PriceTarget Research Rating

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.

Rating Review

The stock is currently unrated.

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