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Calumet stock hits 52-week high at 29.93 USD
Calumet Specialty Products Partners (CLMT) stock reached a 52-week high of $29.93, trading just 1% below this peak with a market capitalization of $2.58 billion. The stock has surged 91.5% in the last 12 months, reflecting strong market performance, although InvestingPro data suggests it might be overvalued. The company recently completed a $405 million senior notes offering, extended its revolving credit facility, and its subsidiary, Montana Renewables, secured a three-year agreement to supply Sustainable Aviation Fuel.