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Movers roundup: WPX Energy, Peregrine

The Associated Press

Among the stock activity stories for Monday, May 20, from AP Business News:

— Shares of WPX Energy Inc. soared to an all-time high as a hedge fund disclosed a minority stake in the oil and gas company.

— Shares of Peregrine Pharmaceuticals Inc. surged after the company said it would move ahead with a late-stage trial of its lead product, the experimental lung cancer treatment bavituximab.