Phillips 66 stock falls Wednesday, underperforms market

Shares of Phillips 66 PSX slipped 4.39% to $93.65 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.70% to 3,891.93 and Dow Jones Industrial Average DJIA falling 0.87% to 31,874.57. Phillips 66 closed $19.88 below its 52-week high ($113.53), which the company achieved on November 14th.

Trading volume (6.7 M) eclipsed its 50-day average volume of 3.4 M.

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