A 10-year-old GameStop investor cashed in. His return? More than 5,000%



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“All of a sudden I heard ‘ding, ding, ding, ding, ding’,” Ms. Carr, 31, said, referring to stock alerts, in an interview on Friday. “I grabbed my phone, I was looking at it, and it was saying $ 351. I was shocked, “I bought this thing for $ 6,” I thought, “There’s no way that could be fair.” “

Ms Carr, a nutritionist, quickly took her son out of virtual learning and asked him what he wanted to do. “I was trying to explain to him that this was unusual,” she told mySanAntonio.com, a segment of the San Antonio Express-News. “I asked him, ‘Do you want to stay or sell? “

Jaydyn decided to sell his stock, earning $ 3,200 – a return of over 5,000% on an investment of around $ 60.

“I felt both shocked and excited,” he said in a telephone interview on Friday.

He said he decided to save $ 2,200 and invest the remaining $ 1,000, most likely in shares of Roblox, a multiplayer game universe popular with young children, if and when the platform goes public. .

“Long-term investing is important because that’s how I got this money,” Jaydyn said.

The surge piqued Jaydyn’s interests in hobbyist day trading. “He’s definitely ready to go head-to-head in the market,” his mother said.

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