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Barchart
Wajeeh Khan

Michael Burry Is Driving Freddie Mac Stock Higher on Tuesday. Should You Buy Shares Here?

Freddie Mac (FMCC) shares rallied as much as 10% this morning after Big Short investor Michael Burry said he’s bullish on the government-sponsored mortgage giant. 

The hedge fund manager confirmed he has a “personal” stake in the housing finance enterprise, which was established in 1970 to expand the secondary market for U.S. mortgages. 

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