Why Calumet Stock Is Up and Down Today

Key Points Calumet reported strong earnings in Q3 but remains unprofitable over the last 12 months. Management has decided to restate Q2 results. 10 stocks we like better than Calumet › Indianapolis-based oil products company Calumet (NASDAQ: CLMT) took investors on a roller-coaster ride after earnings Friday, rising as much as 13% only to fall 6% and then come (almost) back to breakeven again. Calumet stock was still down 2.5% at 2:20 p.m. ET. Image source: Getty Images. Calumet Q3 earnings Wh ...