tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Calumet Specialty Products Announces Leadership Change

Story Highlights
Calumet Specialty Products Announces Leadership Change

Elevate Your Investing Strategy:

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1