Phillips 66 down after source says Elliott poised to win two board seats

ReutersMay 21, 2025 1:01 PM

Refiner Phillips 66 PSX.N down 3.4% at $116.80 premarket

Activist hedge fund Elliott Investment Management poised to win two seats on the board of Phillips 66, a source familiar with the preliminary vote says

Up to last close, shares up 6.1% YTD

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