Replies to post #556150 on Fannie Mae-No Politics (FNMA)

[Bakovic]

hedgies are in on this one weeeeee

Fannie jumped 43% to $3.88 in New York trading, the biggest one-day gain since November 2016. Freddie surged 43% to $3.67, also its biggest rise in almost three years.

Among investors benefiting from the gains are some of the biggest names in finance, including John Paulson, Bill Ackman’s Pershing Square Capital Management and Blackstone Group Inc.