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Fannie Mae Jumped 9% and Freddie Mac 7% on Election Day as Ackman Pushes for an Exit

Source: 247wallst.com

Housing & Real EstateShort Interest & ActivismManagement & Governance
Fannie Mae Jumped 9% and Freddie Mac 7% on Election Day as Ackman Pushes for an Exit

Bill Ackman called on live television for Fannie Mae and Freddie Mac to be freed while holding more than 200 million shares in the two companies. The headline flags a potential conflict of interest but gives no details on the rally or its magnitude.

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