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An update from Calumet Specialty Products ( (CLMT) ) is now available.
On March 31, 2025, Calumet, Inc. announced the immediate termination of its Equity Distribution Agreement with BMO Capital Markets Corp., which had allowed the company to sell up to $65 million of its common stock through an ‘at-the-market’ equity offering program. The company did not incur any penalties from this termination and had not sold any shares through the program. Additionally, on April 1, 2025, Vincent Donargo resigned as the Chief Accounting Officer, effective April 15, 2025, with David Lunin set to take over the role while maintaining his current positions within the company.
More about Calumet Specialty Products
Calumet Specialty Products is a company operating in the specialty products industry, focusing on the production and distribution of specialty hydrocarbon products.
YTD Price Performance: -45.11%
Average Trading Volume: 1,401,180
Technical Sentiment Signal: Strong Buy
Current Market Cap: $1.03B
See more insights into CLMT stock on TipRanks’ Stock Analysis page.