Trending Now - Fannie and Freddie Stocks Surge Amid Value Recognition

WHO:

Fast Company - Bill Ackman, hedge fund manager, commented on Fannie Mae and Freddie Mac stocks.

Fast Company - Michael Burry, investor known for "The Big Short," also commented on the stocks.

WHAT:

Fast Company - Shares of Fannie Mae (FNMA) surged more than 35%, trading at over $6.50 on March 30th, 2026.

Fast Company - Shares of Freddie Mac (FMCC) increased by 33%, trading at over $5.80 on March 30th, 2026.

Fast Company - Fannie Mae shares were trading at $4.86 on March 27th, 2026, and are down almost 40% year-to-date.

Fast Company - Freddie Mac shares are down almost 44% year-to-date.

Bloomberg Markets - Ackman referred to Fannie Mae and Freddie Mac as “stupidly cheap.”

WHERE:

Fast Company - The stock trading occurred in the United States.

WHEN:

Fast Company - The surge in stock prices occurred on March 30th, 2026.

Fast Company - Ackman made his comments on social media on March 29th, 2026.

Fast Company - Fannie Mae shares peaked at around $15.30 in September 2025.

Fast Company - Freddie Mac shares peaked at over $65 during the mid-2000s.

WHY:

Fast Company - Ackman suggested that the stocks are undervalued and could provide significant returns, stating, “They could be a 10X and it could happen soon.”

Fast Company - Burry agreed with Ackman, stating, “Cannot emphasize enough how rare this is in this market.”

HOW:

Fast Company - The stock price surge was largely driven by social media commentary from influential investors like Ackman and Burry.

(UPDATED March 30, 2026 19:22 UTC)

Shares of Fannie Mae surged more than 35% to over $6.50, while Freddie Mac saw a 33% increase to over $5.80 on Monday, following comments from hedge fund manager Bill Ackman and investor Michael Burry, who both highlighted the stocks as undervalued. Ackman described them as “stupidly cheap” and suggested they could offer significant returns, while Burry emphasized the rarity of such opportunities in the current market. This surge comes despite Fannie Mae and Freddie Mac being down almost 40% and 44% year-to-date, respectively, with Fannie Mae shares having traded at $4.86 just a few days earlier.