Fannie, Freddie (FNM, FRE) Higher Again
Tweet
Share
E-mail
Shares of Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) are higher again, up 14% and 21% respectively today, on growing opposition to the view that the common will be worthless.
A guest on CNBC reiterated the view of a Citigroup analyst, saying he doesn't think there will be a bailout.
The talk seems to have shorts nervous and covering their positions.
Yesterday, FNM was up 4% and FRE was up 17%.
A guest on CNBC reiterated the view of a Citigroup analyst, saying he doesn't think there will be a bailout.
The talk seems to have shorts nervous and covering their positions.
Yesterday, FNM was up 4% and FRE was up 17%.
You May Also Be Interested In
- Houthis Announces 'sea Navigation Ban' On Saudi Arabia - Bloomberg
- Verizon planning new round of layoffs this week - Barron’s
- Paramount Skydance, Warner Bros deal temporarily paused by judge
Create E-mail Alert Related Categories
Insiders' Blog, Rumors, Trader TalkRelated Entities
CitiSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
