The 10-year-old earns $ 3,200 with GameStop shares

San Antonio. A 10-year-old man from San Antonio, Texas, killed him by selling the GameStop stock that was given to him more than a year ago.

His mother Jaydyn Carr, Nina, spent $ 60 on 10 video game chain titles in December 2019, which he later gave to his son in a cooperative economy show based on the Ujamaa principle, one of the seven that make up the Kwanzaa festival in honor African heritage in America.

As GameStop stock prices reached high levels this week due to the frenzy of speculation fueled by a Reddit chat group, Jaydyn sold the shares on Wednesday for just under $ 3,200, the San Antonio Express-News reported.

“My phone is ringing because I have GameStop on my watchlist,” Nina said about how she saw the title price rise. “I was trying to explain that this was unusual. I asked him, ‘Do you want to keep them or sell them?’ “

The investor duo has indicated that $ 2,200 of the funds will go into Jaydyn’s savings account, and the other $ 1,000 will go to new investments.