Baller Alert
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
Baller Alert
No Result
View All Result

Fifth-Grader Made More Than $3,000 From GameStop Stock; Mother Bought Son Shares As Kwanzaa Gift: ‘I Was Teaching Him Financial Literacy’

by RaquelHarris
February 2, 2021
Reading Time: 2 mins read
0
Jaydyn Carr

Jaydyn Carr

Share on FacebookShare on Twitter

A fifth-grader from San Antonio, Texas, made $3,000 from GameStop stock.

Nina Carr gifted her 10-year-old son Jaydyn Carr 10 shares of GameStop stock after purchasing it back in 2019. Today, the child has made $3,200 after the stock incident last week involving Reddit users and amateur investors, NBC Washington reports. The mother gave her son the shares as a Kwanzaa gift. The shares were worth $6 when Nina purchased them.

“I know this kid loves video games, and at the time I was teaching him financial literacy,” she told TODAY. Nina said she had alerts set up for her on her phone. When the stock prices start skyrocketing, Nina said, “I saw the price and I was just like, ‘There’s no way this can be real.”

But, it was real. Jaydyn wanted to understand more about why the stock price was going up. “Ummm, why?!” Nina said she asked her son if he’d like to sell his stock. “And I was probably stuttering and mumbling, trying to hurry up and explain this is unusual, this doesn’t happen all the time, so yeah it was definitely a moment,” Nina said.

Jaydyn decided to take the money. “I’ve already saved $2,200 of it,” he said. “And the rest of the $1,000 is gonna go to invest in more companies like Microsoft, Roblox, and different companies.”

Last week, small investors worked together to drive up GameStop and other companies’ stock prices while also investing in hedge funds and other firms that shorted the stock, NBC reports. The entire situation now has legislators searching for a fairer market for individual investors.

“For years, the same hedge funds, private equity firms, and wealthy investors dismayed by the GameStop trades have treated the stock market like their own personal casino while everyone else pays the price,” Sen. Elizabeth Warren said in a news release. “It’s long past time for the SEC and other financial regulators to wake up and do their jobs — and with a new administration and Democrats running Congress, I intend to make sure they do.”

 

Jaydyn Carr
Jaydyn Carr

Share this:

  • Click to share on X (Opens in new window) X
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to share on X (Opens in new window) X
  • Click to share on WhatsApp (Opens in new window) WhatsApp
  • Click to share on Tumblr (Opens in new window) Tumblr
  • Click to email a link to a friend (Opens in new window) Email
  • Click to share on Pinterest (Opens in new window) Pinterest

Like this:

Like Loading...

Discover more from Baller Alert

Subscribe to get the latest posts sent to your email.

Tags: AMCFifth-gradegamestopJaydyn CarrRedditSan Antoniostock

Related Posts

Latinas for Trump Co-Founder Ileana Garcia Slams Trump’s Immigration Raids: “This Ain’t What We Voted For”
News

Latinas for Trump Co-Founder Ileana Garcia Slams Trump’s Immigration Raids: “This Ain’t What We Voted For”

June 7, 2025

Florida State Senator Ileana Garcia, the Cuban-American powerhouse who co-founded Latinas for Trump, is breaking her silence—and her loyalty. After...

Trump Warns Elon Musk of “Serious Consequences” If He Backs Democrats
News

Trump Warns Elon Musk of “Serious Consequences” If He Backs Democrats

June 7, 2025

Donald Trump warned Elon Musk that he’ll face “very serious consequences” if he gives money to Democrats running against Republicans...

Trump Celebrates Court Ruling Allowing AP Ban Over "Gulf of America" Dispute
News

Trump Celebrates Court Ruling Allowing AP Ban Over “Gulf of America” Dispute

June 7, 2025

Donald Trump is celebrating what he views as a victory after a federal appeals court ruled that his administration can...

Amazon’s Delivery Robots Could Hit the Streets Sooner Than Expected
News

Amazon’s Delivery Robots Could Hit the Streets Sooner Than Expected

June 7, 2025

Amazon is moving deeper into robotics, and this time it’s not about warehouse automation. The company is reportedly working on...

Next Post
New Footage Shows Proud Boys And Oath Keepers Meeting Up A Day Before January 6 Attack

Analysis Reveals Several Pro-Trump Rioters Did Not Vote In The 2020 Election

Leave a ReplyCancel reply

Baller News

Subscribe To Our Newsletter

* indicates required

Follow Us

Subscribe to Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

© Copyright 2024, Baller Alert Inc. All Rights Reserved

No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
%d