Fannie Mae shares rose 3.5% in morning trading Sept. 29 after falling almost 11% Wednesday in the wake of a critical news report.In heavy trading volume, Fannie Mae shares rose by $1.56 and stood at $43.27 shortly after noon. Almost 11 million shares had traded hands Thursday morning, making Fannie Mae one of the New York Stock Exchange's volume leaders. Dow Jones had published an article online Sept. 28 citing unnamed sources saying that Fannie Mae's accounting scandal might be more widespread than previously reported, touching off Wednesday's selloff of the stock.
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