Hunter Kahn bought GameStop stock and cashed out before the stock plummeted again. He made around $30 000USD.
He decided to take some of that money to make a “humble donation of 6 Nintendo Switch consoles and games” to Children’s Minnesota Hospital in Minneapolis.
The Cornell University mechanical engineering student wrote on his Instagram:
“As a beneficiary of the recent events on Wall Street I think it is important that myself and others pay forward our good fortune. These events have highlighted a lot of corruption and with this transfer of power it is important that we don’t become men in suits ourselves.”
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The GameStop stock story is interesting and The Daily Show with Trevor Noah made a video to explain it, à la Margot Robbie in The Wolf of Wall Street.
Margot Robbie wasn’t available to explain this GameStop situation in a bathtub, so this is the best we could do. pic.twitter.com/Mw1dabmIzQ
— The Daily Show (@TheDailyShow) January 28, 2021