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The stocks of Freddie Mac and Fannie Mae — semi-acronyms for Federal Home Loan Mortgage Corporation and the Federal National Mortgage Association — jumped in the hours after Ackman’s comments.
Bill Ackman, billionaire hedge fund manager, sees a bright future ahead for Fannie Mae (NASDAQOTH: FNMA) and Freddie Mac (NASDAQOTH: FMCC) stock. In fact, Ackman has purchased 115.6 million and 63 ...
The stocks of Freddie Mac and Fannie Mae — semi-acronyms for Federal Home Loan Mortgage Corporation and the Federal National Mortgage Association — jumped in the hours after Ackman’s comments.
Billionaire investor and Pershing Square Holdings founder Bill Ackman recently made waves on X (formerly Twitter) by doubling down on his bullish outlook for Fannie Mae (OTC: FNMA) and Freddie Mac ...
I am confident he will get it done," Ackman wrote. FNMA, FMCC Price Action: Fannie Mae shares ended Monday’s session up 36.14% at $3.39 and Freddie Mac shares closed 33.87% higher at $3.32. Read ...
It has been about 100 hours since William Ackman revealed his Pershing Square hedge fund’s nearly 10% stake in both Fannie Mae and Freddie Mac.
Pershing Square's Bill Ackman is quite the bull on Fannie Mae and Freddie Mac ().In part due to fundamentals -- which are rather robust as the two businesses have been reporting record profits as ...
Fannie Mae gained 7.84 percent, to close at $3.30, and Freddie Mae ended the day up 6.21 percent, to close at $3.08. To date, Ackman has made a 44 percent return on the investment. Filed under ...
Bill Ackman expects U.S. President-elect Donald Trump to remove Fannie Mae and Freddie Mac from conservatorship, potentially making them private companies again, the billionaire investor said on ...
"We have owned Fannie Mae and Freddie Mac common stock for more than a decade," Ackman said in his Monday post. "Today, they trade at or around our average cost. As such, they have not been great ...
Shares of Fannie Mae climbed 18.4%, while those of Freddie Mac rose 18% following Ackman's post on social media platform X. According to Ackman's post, Fannie Mae and Freddie Mac may emerge from ...
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