Why These 5 Stocks Moved This Week

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In this article we take a look at five stocks that moved this week. If you want to read our detailed analysis of these stocks, go to read Why These 10 Stocks Moved This Week.

5. Phillips 66 (NYSE:PSX) fell around 9.8% this week despite the company reporting adjusted EPS of $3.18 versus the consensus of $1.95 as energy demand rebounded swiftly. Phillips 66 (NYSE:PSX) also trended this week after it announced it has entered into a definitive agreement to acquire Phillips 66 Partners in an all stock transaction. Israel Englander’s Millennium Management was long 595,026 shares of Phillips 66 (NYSE:PSX) at the end of June.

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