Why These 5 Stocks Are on the Move on Wednesday

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1. Occidental Petroleum Corporation (NYSE:OXY) is up around 6% due to the rally in oil prices. Given
Occidental Petroleum Corporation (NYSE:OXY) produces substantial amounts of oil, an increase in oil prices could potentially benefit the company. With today’s rally, Occidental Petroleum Corporation (NYSE:OXY) shares are up over 55% year to date.

Carl Icahn‘s Carl Icahn owned over 49.1 million shares of Occidental Petroleum Corporation (NYSE:OXY) at the end of June.

Disclosure: None.

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