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10-Year-Old Makes Major Gains Off $60 GameStop Stock Sold for $3200
January 30, 2021
A savvy fifth grader managed to parlay a gift of 10 shares of GameStop into a pretty nice pile of cash. Jadyn Carr’s mom Nina bought him the shares as a holiday gift for a total of $60. As the stock rocketed up this week amid the Reddit buying frenzy, they sold the shares for $3,200 — a whopping 5000% gain. “I’m going to save $2,000 and the rest I’m gonna invest in more companies,” Jadyn told Inside Edition. Firms who bet against the stock have lost an estimated $70 billion since the Reddit push.
