Please ensure Javascript is enabled for purposes of website accessibility
10-Year-Old Cashes in On GameStop Stocks
gvw_ap_news
By Associated Press
Published 3 years ago on
January 30, 2021

Share

SAN ANTONIO — A 10-year-old San Antonio boy made a killing by selling GameStop stock he was gifted more than a year ago.

Jaydyn Carr’s mother, Nina, spent $60 for 10 shares of the video game chain’s stock in December of 2019 that she gave him for Kwanzaa to reflect Ujamaa, one of the festival’s seven principles that focuses on cooperative economics.

With GameStop’s share price skyrocketing this week behind a speculative frenzy driven by a Reddit chat group, Jaydyn sold the shares Wednesday for a little less than $3,200, the San Antonio Express-News reported.

“My phone was going off, because I have GameStop on my watch list,” Nina said of watching the share price surge. “I was trying to explain to him that this was unusual. I asked him ‘Do you want to stay or sell?’”

The mother-son investing duo said $2,200 of the funds would go to Jaydyn’s savings account and that they’d put the other $1,000 toward future investing.

RELATED TOPICS:

DON'T MISS

Fresno Man Sentenced to 29 Years for Sexually Assaulting Children and Dog

DON'T MISS

Bulldogs’ Two-Position Standout Tommy Hopfe Signs With Rockies

DON'T MISS

Artists, Vendors Plan to Defy City’s ArtHop Crackdown

DON'T MISS

Former Bulldog QB Jake Haener: I Have a ‘Rare Form of Skin Cancer’

DON'T MISS

The Many Names of GOP Vice Presidential Nominee JD Vance

DON'T MISS

‘Fed Up’ Dyer, Councilmembers Unveil Plan to Crack Down on Street Campers

DON'T MISS

House Republicans Slam Trump’s ‘Worst Choice’ for VP Pick JD Vance

DON'T MISS

Companies Cut Prices to Boost Sales, Consumers Respond

DON'T MISS

Stay Cool, Fresno!

DON'T MISS

Warner Bros. Discovery Sues NBA for Not Accepting Its Matching Offer

UP NEXT

The Many Names of GOP Vice Presidential Nominee JD Vance

UP NEXT

Warner Bros. Discovery Sues NBA for Not Accepting Its Matching Offer

UP NEXT

Netanyahu Will Meet Trump at Mar-a-Lago, Mending a Yearslong Rift

UP NEXT

Watch: Breaking Down Netanyahu’s Speech in Congress

UP NEXT

Recall of Boar’s Head Deli Meats Announced During Investigation of Listeria Outbreak

UP NEXT

Uvalde, Texas, School Officer Pleads Not Guilty to Charges of Failing to Protect Kids During Attack

UP NEXT

Spicy Dispute Over the Origins of Flamin’ Hot Cheetos Winds up in Court

UP NEXT

Harris Tells Netanyahu ‘It Is Time’ to Get Hostage Deal Done and End Gaza War

UP NEXT

Biden and Netanyahu Meet With a Show of Amiable Relations Despite Tensions

UP NEXT

Fresno County Sheriff Thanks Community for Their Help in Finding Relatives of Deceased Man

Former Bulldog QB Jake Haener: I Have a ‘Rare Form of Skin Cancer’

2 hours ago

The Many Names of GOP Vice Presidential Nominee JD Vance

2 hours ago

‘Fed Up’ Dyer, Councilmembers Unveil Plan to Crack Down on Street Campers

2 hours ago

House Republicans Slam Trump’s ‘Worst Choice’ for VP Pick JD Vance

2 hours ago

Companies Cut Prices to Boost Sales, Consumers Respond

3 hours ago

Stay Cool, Fresno!

3 hours ago

Warner Bros. Discovery Sues NBA for Not Accepting Its Matching Offer

3 hours ago

Tanker Plane Crash Kills Firefighting Pilot in Oregon as Western Wildfires Spread

3 hours ago

Will Bonta Election Lawsuit Reverse the Will of Fresno County Voters?

3 hours ago

Opening Ceremony Floats Down Seine as Paris Investigates Rail Sabotage

4 hours ago

Fresno Man Sentenced to 29 Years for Sexually Assaulting Children and Dog

Gage Mason, 20, of Fresno, was sentenced to 29 years in state prison on Friday for sexually assaulting multiple children and a dog, the Fres...

24 mins ago

24 mins ago

Fresno Man Sentenced to 29 Years for Sexually Assaulting Children and Dog

34 mins ago

Bulldogs’ Two-Position Standout Tommy Hopfe Signs With Rockies

52 mins ago

Artists, Vendors Plan to Defy City’s ArtHop Crackdown

2 hours ago

Former Bulldog QB Jake Haener: I Have a ‘Rare Form of Skin Cancer’

2 hours ago

The Many Names of GOP Vice Presidential Nominee JD Vance

2 hours ago

‘Fed Up’ Dyer, Councilmembers Unveil Plan to Crack Down on Street Campers

2 hours ago

House Republicans Slam Trump’s ‘Worst Choice’ for VP Pick JD Vance

3 hours ago

Companies Cut Prices to Boost Sales, Consumers Respond

MENU

CONNECT WITH US

Search

Send this to a friend