Chubb Rises In Pre-market On News Of Warren Buffet's Share Holding

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(RTTNews) – Shares of Chubb Limited (CB) were rising more than 8 percent in pre-market on Thursday to $273.71, after veteran investor Warren Buffett ‘s Berkshire Hathaway revealed its holding in the company.

In its quarterly statement, Berkshire said nearly 26 million shares of the insurance giant worth around $6.7 billion it held at the end of March.

Chubb shares had closed at $252.97, down 0.08 percent on Wednesday. The stock has been trading in the range of $183.71 – $260.58 in the last 1 year.