Jaydyn Carr Wiki – Jaydyn Carr Bio
Jaydyn Carr was a GameStop shareholder long before the buying frenzy that sent share prices skyrocketing, and now the investor has cashed in, making almost $3,200.
His mother told CNN that she bought Jaydyn 10 shares of the company’s stock in 2019 as a Kwanzaa present because she wanted to teach him about investing.
Age
He is 10 years old.
Jaydyn Carr Parents
His mother’s name is Nina Carr.
GameStop Shares
Jaydyn Carr of San Antonio made $3,200 on shares from GameStop this week that his mother bought him in 2019 for about $60.
As amateur investors banded together this week to squeeze Wall Street hedge funds by sending GameStop’s stock prices to dizzying heights, some novice traders, like 10-year-old Jaydyn Carr of San Antonio, have seen their long-term investments pay off.
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In December 2019, Jaydyn, then 8, was buying discounted games at GameStop and wishing for an Xbox One. Spying a way to use her son’s enthusiasm for video games to teach him about investing, Jayden’s mother, Nina Carr, decided to invest in 10 shares of GameStop at $6.19 a share for a Kwanzaa gift.
Ms Carr handed her son a certificate she created from an online template to explain to him that he was the owner of a tiny part of GameStop. She told him the gift was in keeping with the spirit of ujamaa, or cooperative economics, one of the seven principles of Kwanzaa.
Nina Carr
Ms Carr, a nutritionist, quickly pulled her son out of virtual learning and asked him what he wanted to do. “I 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 shares, earning $3,200 — a return of more than 5,000 per cent on an investment of about $60.
“I felt shocked and excited at the same time,” he said in a phone interview on Friday.
He said he had decided to save $2,200 and invest the remaining $1,000, most likely in shares of Roblox, an multiplayer gaming universe popular with young children, if and when the platform goes public.
“Long-term investing is important because that is how I got this money,” Jaydyn said.
The surge has piqued Jaydyn’s interests in amateur day trading. “He’s definitely ready to jump full force into the market,” his mother said.
