Calumet, Inc. (CLMT) Soars 12%: Is Further Upside Left in the Stock?

Calumet, Inc. (CLMT) shares soared 12% in the last two trading sessions to close at $35.90. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 33.2% gain over the past four weeks.The surge can be attributed to Calumet, Inc.’s strong focus on providing cleaner, high-value fuels from both petroleum and renewable feedstocks and continued strong regulatory support for domestic agricultural and biofuels. CLMT operates through three segme ...