Common shares of Fannie Mae and Freddie Mac surged over 30% Monday, the biggest gains since May 2025. Investor Bill Ackman said the firms are “stupidly cheap” with significant upside. Despite the rally, both stocks remain about 60% below their mid-Se

2026-03-30

Common shares of Fannie Mae and Freddie Mac surged over 30% Monday, the biggest gains since May 2025. Investor Bill Ackman said the firms are “stupidly cheap” with significant upside. Despite the rally, both stocks remain about 60% below their mid-September peak amid fading optimism over Donald Trump’s plans to end government control.