Yes, you can move a single item from a conversation or one or more conversations by using the organise tool.
Moving a single item
- Open the conversation panel and click on the ellipsis button on the email (or other item) you want to move.
- Click on "Organise" to launch the organise tool.
Moving one or more conversations
- Select one or more conversations in Inbox.
- Click on the organise icon to launch the organise tool.