Fannie Mae and Freddie Mac Plunge After Mizuho Slashes Price Targets
Shares of Fannie Mae and Freddie Mac cratered on Monday, and the Fannie Mae Freddie Mac plunge was one of the ugliest single-day moves either stock has seen all year. Fannie Mae tumbled 9.4% while Freddie Mac sank 12% after Mizuho downgraded both companies and slashed its price targets roughly in half. It wasn’t just … Read more