Why Markel Stock Popped on Friday

Why Markel Stock Popped on Friday

Markel Corp. (NYSE: MKL) stock ended the trading week in style by closing 2.5% higher in Friday's session. Markel, which is often compared to superstar investor Warren Buffett's company Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), received that increase from Truist Securities. Like Berkshire Hathaway, Markel rests on a foundation of insurance operations and holds an equity portfolio.