Fannie, Freddie Soar as Ackman Calls ‘Stupidly Cheap’
Shares of Fannie Mae and Freddie Mac are clawing back part of a months-long decline after investor Bill Ackman called the mortgage finance giants “stupidly cheap.”
By Felice Maranz · Bloomberg Markets
Shares of Fannie Mae and Freddie Mac are clawing back part of a months-long decline after investor Bill Ackman called the mortgage finance giants “stupidly cheap.”