Why Chubb Stock Just Popped
Chubb Limited (NYSE: CB) stock jumped 3.6% through 1:05 p.m. ET Thursday after insurance industry reporter Insurance Insider reported Chubb "has made an informal takeover approach" to rival insurer American International Group (NYSE: AIG).
Choosing its words carefully, a Chubb spokesperson denied the company has made "an offer" to buy AIG. But that wasn't exactly the question asked...
Source Fool.com
American International Group Inc. Stock
€63.17
0.370%
The stock is an absolute favorite of our community with 23 Buy predictions and no Sell predictions.
With a target price of 82 € there is a positive potential of 29.81% for American International Group Inc. compared to the current price of 63.17 €.
