Why Chubb Stock Popped This Morning

The insurance company's stock was a value hiding in plain sight. Naturally, Warren Buffett found it. Shares of property and casualty insurer Chubb (CB 3.53%) leaped out of the gate Thursday morning. Early on, they were up by as much as 6.6%, and though that gain moderated as the session progressed, they were still up by 3.4% as of 11 a.m. ET. The insurer can thank Warren Buffett for the surge of attention. After the close of trading on Wednesday , the famed billionaire investor revealed in a Securities and ...