US-listed shares of Chubb jump after Berkshire Hathaway discloses $6.7 bln worth stake

Chubb

15/05/2024 22:07

** U.S.-listed shares of insurer Chubb  CB.BN   CB.N  jump
~5.2% to $266 in extended trading 
    ** Warren Buffet's Berkshire Hathaway  BRKa.N  reveals stake
of 25.9 mln shares in Chubb
        ** The stake, disclosed in a regulatory filing, is as of
March 31
  
    ** 13 out of 25 analysts rate stock as "buy" or higher, 11
rate it "hold" and one "sell"; median for stock is $275
    ** As of last close, stock up 11.9% YTD

 (Reporting by Seher Dareen in Bengaluru)
 ((Seher.Dareen@thomsonreuters.com;))