Calumet, Inc. (CLMT) Surges 12.1%: Is This an Indication of Further Gains?

Calumet, Inc. (CLMT) shares soared 12.1% in the last trading session to close at $16.83. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 31.8% loss over the past four weeks.The bullishness can be attributed to the strong demand for Calumet’s specialty products and renewable fuels. The company’s diverse portfolio, which includes base oils, specialty oils, waxes, and fuels, continues to meet and exceed customer expectations. CLMT's ...