Fannie Mae and Freddie Mac Stocks Jump as Bill Ackman Calls Them 'Stupidly Cheap'

Hedge fund manager Bill Ackman stated that Fannie Mae and Freddie Mac stocks are 'stupidly cheap,' leading to a surge of over 30% in their share prices.

30 Mar, 16:48 — 30 Mar, 16:48

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forbes4d ago

Billionaire Ackman Calls Fannie And Freddie Stocks ‘Stupidly Cheap’—Shares Surge - Forbes

Billionaire Ackman Calls Fannie And Freddie Stocks ‘Stupidly Cheap’—Shares Surge Forbes

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Coverage Timeline

First report: bloomberg · 30 Mar, 14:55|Full coverage: 2 · 2h|Window: 2h

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bloomberg30 Mar, 14:55First to report

Fannie, Freddie ‘Stupidly Cheap’ Ackman Says, Stocks Up Over 30% - Bloomberg.com

2h later

forbes30 Mar, 16:48Latest update

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PERSPECTA

Fannie Mae and Freddie Mac Stocks Jump as Bill Ackman Calls Them 'Stupidly Cheap'

Sources

Billionaire Ackman Calls Fannie And Freddie Stocks ‘Stupidly Cheap’—Shares Surge - Forbes

Coverage Timeline

Fannie, Freddie ‘Stupidly Cheap’ Ackman Says, Stocks Up Over 30% - Bloomberg.com

Billionaire Ackman Calls Fannie And Freddie Stocks ‘Stupidly Cheap’—Shares Surge - Forbes

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