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

Bill Ackman told spooked investors to get over the Iran war and buy Fannie and Freddie. Stocks surged 40% the…

Ackman's X post on Fannie/Freddie "stupidly cheap" triggered 40% rally on Q1 quarter-end, boosting his $6B position. The 10X privatization thesis is uncertain; quarter-end timing mirrors December 2024, raising concerns about performance-driven market influence.