Common shares of mortgage finance giants Fannie Mae and Freddie Mac jumped more than 30% in Monday trading.
Fannie rose as much as 25%, while Freddie climbed as much as 22%, both the most since May 2025
Over the weekend, investor Bill Ackman said in a post on X that “Fannie and Freddie are stupidly cheap. Asymmetry at its best. They could be a 10X and it could happen soon”
He also said “some of the highest quality businesses in the world are trading at extremely cheap prices,” and it’s “one of the best times in a long time to buy quality”
Even with Monday’s rally, the two stocks were still down around 60% from a mid-September peak, as optimism has faded about the Trump administration’s plans to release them from government control
Comments