PomegraFannie Mae Stock Jumps 16% on Ackman Relisting Call
Why did Fannie Mae stock jump 16%?
Fannie Mae (FNMA) stock jumped as much as 16% and Freddie Mac (FMCC) as much as 20% on Thursday after Bill Ackman told CNBC the shares could reach the high $40s to $50 in 2027.
Key numbers
| Fannie Mae (FNMA) intraday high | +16%Thursday |
|---|---|
| Freddie Mac (FMCC) intraday high | +20%Thursday |
| Ackman 2027 share price view | High $40s to $50Tenfold gain claimed |
| Paid to Treasury since bailout | $300Bvs $191B advanced (per [3]) |
What happened
Fannie Mae (FNMA) stock jumped as much as 16% and Freddie Mac (FMCC) as much as 20% on Thursday after Bill Ackman told CNBC the shares could reach the high $40s to $50 in 2027. Ackman, a large investor in both, said the gains could come from the government's bailout money being counted as repaid and from listing the shares again on the New York Stock Exchange (a relisting). Today the shares trade over the counter, a less formal market. He said the stocks could rise tenfold.
Why it matters
Fannie Mae and Freddie Mac back about half of US home loans, so any plan to free them from government control could affect mortgage costs and the housing market. Ackman says the release is "politically critical" before President Trump's term ends. Treasury Secretary Scott Bessent said this week that no exit is imminent and that keeping mortgage rates from rising comes first.
Who this affects
- MarketbullishMedium impact
- Traders who own the shares gained sharply on the news.
- CompanybullishHigh impact
- Fannie Mae and Freddie Mac shareholders saw large one-day gains.
- CompetitorsneutralLow impact
- No direct listed rivals; private mortgage lenders may face fresh competition.
- IndustrymixedMedium impact
- Mortgage market faces uncertainty over any release from government control.
Fannie Mae vs Freddie Mac
How we got here
Fannie Mae and Freddie Mac placed under federal conservatorship, where they remain.
Bessent says no immediate plan to end conservatorship; mortgage spreads are priority.
Ackman tells CNBC shares could hit high $40s to $50; stocks surge.
What to watch
- Any Treasury or White House move to end conservatorship, which Bessent has tied to 2027 or 2028.2027
- Whether the companies pursue a New York Stock Exchange relisting, as Ackman urges after the new year.2027
Educational content only. Not investment advice.
More briefsAll briefs →
SK Hynix Shares Fall 3% After Scrapping Solidigm US IPO
SK Hynix (000660.KS) dropped its $10B-plus Solidigm listing as Korean regulators cited dual-listing rules.
Hang Seng Tech Index Falls 5% on China E-Commerce Curbs
Alibaba (BABA) fell nearly 6% as Beijing pressed online sellers on quality; the index is down 31% this year.
Bloom Energy Stock Falls 5% After Earnings Beat
Bloom Energy (BE) beat Q3 forecasts and lifted its 2026 sales outlook to $4.4B-$4.6B, yet stock kept falling.