Shares of Fannie Mae and Freddie Mac Surge Over 30% on Investor's Bullish Comments

Stock News03-30

Shares of U.S. mortgage giants Fannie Mae (FNMA.US) and Freddie Mac (FMCC.US) rose more than 30% early Monday, marking their largest gains since May 2025. The surge followed weekend comments by billionaire investor Bill Ackman on a social media platform. Ackman stated, "Fannie Mae and Freddie Mac are ridiculously cheap, representing a classic asymmetric opportunity. They could rise tenfold, and it might happen quickly." He added, "Some of the world's highest-quality businesses are trading at very low prices, making now one of the best times in a long while to buy quality assets." Despite Monday's sharp increase, both stocks remain approximately 60% below their mid-September peaks, as market optimism about the Trump administration's plan to release them from government control has cooled.

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