Hedge Fund Titan Hails "10x Opportunity," Federal National Mortgage Association and Freddie Mac Surge 41% and 34% Intraday

Boosted by Bill Ackman's public endorsement, the Federal National Mortgage Association and Freddie Mac both recorded their largest single-day intraday gains since May 2025 on Monday, with surges of 41% and 34% respectively at one point. Ackman stated on social media that the two entities offer the "best asymmetric opportunity" and predicted a potential tenfold return. Despite this, both stocks remain down approximately 60% from their September highs, as market doubts about the government conservatorship exit plan continue to weigh on valuations, with the prospect of policy implementation remaining a key variable