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flag Fannie Mae and Freddie Mac shares surged over sixfold post-2024 election on privatization hopes, fueled by speculation and volatile trading.

flag Fannie Mae and Freddie Mac shares surged over sixfold since before the 2024 election amid speculation that the Trump administration would push for their privatization, with real estate developer Pulte seen as a potential key figure. flag The stocks, traded over-the-counter with low liquidity, have seen extreme volatility, including single-day drops of more than 10%, linked by investor Bill Ackman to forced liquidations in the crypto market. flag This mirrors broader market stress, as Bitcoin posted its worst monthly performance since 2022. flag Despite Ackman’s long-standing advocacy for privatization, he acknowledged the process would require significant time and careful execution. flag The market’s behavior reflects speculative trading, policy hopes, and structural fragility in the stocks’ trading environment.

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