10-year-old boy from San Antonio cashing in GameStop stock

SAN ANTONIO – A 10-year-old boy from San Antonio has committed murder by selling GameStop stock he got over a year ago.

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

With GameStop’s stock price skyrocketing this week following a speculative frenzy fueled by a Reddit chat group, Jaydyn sold the stock for just under $ 3,200 on Wednesday, the San Antonio Express-News reported.

“My phone worked because I have GameStop on my watch list,” Nina said of seeing the stock price rise. I tried to explain to him that this was unusual. I asked him, “Do you want to stay or sell?” “

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The mother-son investing duo said $ 2,200 of the money would go into Jaydyn’s savings account and spend the other $ 1,000 on future investments.

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