Bill Ackman’s investment in Fannie Mae has yielded a staggering 1,200% profit just two months after President Trump’s election. The 87-year-old mortgage giant’s shares have surged 227%. This boom can be attributed to Ackman’s efforts, as the investment firm Pershing Square Capital Management promoted Fannie Mae stock. However, experts caution that unwinding the government’s stake in Fannie Mae is not a straightforward process and may take longer than expected.
Source: https://www.bloomberg.com/news/articles/2025-01-08/ackman-chases-1-200-profit-on-gse-trade-that-s-far-from-over