Why These 5 Stocks Are in the Spotlight on Monday

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In this article, we take a look at five stocks that are in the spotlight on Monday. If you want to take a look at some more stocks that are trending today and the latest market situation, go directly to Why These 10 Stocks Are in the Spotlight on Monday.

5. Alleghany Corporation (NYSE:Y) has gone up 24.8% as of 9:56 AM ET after Warren Buffet’s Berkshire Hathaway Inc (NYSE:BRK-A) announced that it would acquire the New York-based company for $11.6 billion. The acquisition will expand the Oracle of Omaha’s diversified insurance portfolio that already comprises giants like Geico, General Re, and a business unit that handles insurance related to major natural disasters and unusual risks. Alleghany Corporation (NYSE:Y) was held by 33 hedge funds as of Q4 2021.

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