Ten-year-old San Antonio boy earns money on GameStop shares

SAN ANTONIO (AP) – A 10-year-old boy from San Antonio committed murder by selling GameStop shares to which he donated more than a year ago.

Jaydyn Carr’s mother, Nina, spent $ 60 in December 2019 for ten shares of the share in the video game chain she gave to Kwanzaa to reflect Ujamaa, one of the festival’s seven principles focused on collaborative economics.

GameStop’s share price soared this week Behind a speculative frenzy fueled by a Reddit chat group, Jaydyn sold the shares Wednesday for just under $ 3,200, the San Antonio Express News reported report.

“My phone went down because I had GameStop on my watchlist,” Nina said of the share price rise. ‘I tried to explain to him that it was unusual. I asked him ‘Do you want to stay or sell?’ ‘

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

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