SAN ANTONIO (AP) – A 10-year-old boy from San Antonio killed by selling GameStop shares that he was endowed with more than a year ago.
Jaydyn Carr’s mother, Nina, spent $ 60 on 10 shares of the video game chain’s December 2019 deal that she gave Kwanzaa to reflect Ujamaa, one of the festival’s seven principles that focus on the cooperative economy .
The price of GameStop shares rose this week Behind a speculative frenzy led by a Reddit chat group, Jaydyn sold the shares on Wednesday for just under $ 3,200, San Antonio Express-News reported.
“My phone was going off because I had GameStop on my watch list,” Nina said of watching the stock price rise. “I was trying to explain to him that this was unusual. I asked him, “Do you want to stay or sell?” ”
The mother-son duo who invested said that $ 2,200 of the funds will go to Jaydyn’s savings account and that they will pay the other $ 1,000 for future investments.