A 10-YEAR-OLD CASHES IN HIS GAMESTOP SHARES

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, Tex. He was gifted 10 GameStop shares, each at US$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 beneficiary of the market mayhem, as his US$60 stake in the video game retailer grew to US$3,200. “Is this really happening right now?” Jaydyn's mother, Nina Carr, remembers asking herself. She asked her only child the burning question: “Do you want to sell or stay?” Jaydyn decided to sell.