An elementary school student from Texas scored way more than tooth fairy money by selling his position in GameStop this week.
Jayden Carr of San Antonio was gifted 10 shares of the struggling mall-based retailer in 2019.
His mom, Nina Carr, purchased the stock for as a Kwanzaa gift when it was trading at $6 a share, the Express-News reports.
On Wednesday, as prices soared above $400, Jaydyn cashed out for a cool $3,200.
“My phone was going off, because I have GameStop on my watch list,” the mother said of watching prices skyrocket. “I was trying to explain to him that this was unusual, I asked him ‘Do you want to stay or sell?'”
The mother-son investing duo said $2,200 of the funds are going to Jaydyn’s savings account. They’ve decided to leave $1,000 out to invest in more.
Jaydyn gave a resounding “yes” when asked if he’s even more interested in trading after his big win. His eyes are set on Roblox, an online game hub which is preparing for its market debut.
