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Chubb Stock Tests Record After Warren Buffett's Berkshire Hathaway Reveals Big Stake

·1 min

Shares in a leading insurer surged to record highs following news of a major holding from investment firm Berkshire Hathaway. Chubb saw its stock price jump more than 10% in premarket trading, reaching approximately $279.50. This marks the biggest single-session leap for Chubb since November 2008 when it experienced a 21% rally. The insurer’s previous closing high was $260.21, achieved on March 13.