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The GameStop phenomenon has dominated Wall Street after small investors banded together to drive up the sagging stock price of the struggling retailer to make money while also sticking it to hedge funds and other firms that had shorted the stock, essentially betting on it to fail. Nina Carr gifted her son 10 shares of GameStop in 2019 as a Kwanzaa present when it was worth about $6 a share, a story first reported by MySanAntonio.com. "I know this kid loves video games, and at the time I was teaching him financial literacy," she told TODAY. "She was saying that I basically owned a small por...

Mom Got 10 GameStop Shares For Son As Lesson About Investing, He Ends Up Earning A Small Fortune BoredPanda staff If you’ve been following the news lately, you’ll know that GameStop shares have been on the rise—like, seriously rising. A year ago, its shares were priced at around $4 per share, but over the last month, it has skyrocketed to the hundreds, with January 28th seeing its peak at around $470 per share. In the midst of it all, we have a story gaining traction on the internet about how a 10-year-old happened to own some of these shares and has managed to earn over 5,000% more...

By SYDNEY PAGE | Special To The Washington Post | Published: February 1, 2021 The GameStop stock surge has benefited small-scale investors, many of them surprised at their unlikely windfalls. Perhaps none so much as a 10-year-old boy from San Antonio, Texas. The fifth grader was gifted 10 GameStop shares, each at $6.19, as a Kwanzaa present from his mother in December 2019. She bought the stock simply because her son liked to buy video games at the store and she wanted to teach him a little about the stock market. In a matter of minutes this week, Jaydyn Carr became an unexpected beneficia...

Jaydyn Carr was a GameStop shareholder long before the buying frenzy that sent share prices skyrocketing, and now the 10-year-old investor has cashed in, making almost US$3,200.

NBC’s Joshua Johnson shares the story of Jaydyn Carr, a 10-year-old from Texas who cashed out his GameStop shares after the stock skyrocketed earlier this week. Johnson explains what Carr’s story and the GameStop stock saga can teach us about the history of wealth inequality and systemic racism in the United States.