Prep track and field: State championship results, day 2
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Terremoto de magnitude 8,2 atinge costa do Alasca Confira - ON Adventure
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Alaska s GameStop stake soared over 700% last quarter - and its Tesla bet has gone from $0 to $85 million in 18 months tmohamed@businessinsider.com (Theron Mohamed)
Alaska benefited from the GameStop buying frenzy in January.
The state s GameStop holding surged more than 700% to $7 million last quarter.
Alaska also owns over $85 million of Tesla stock, after eliminating its stake in 2019.
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The state s revenue department has owned a stake in the video-games retailer since at least 2017, and held about 43,000 shares worth $802,000 at the end of December last year, regulatory filings show.
Although it trimmed its bet to 37,000 shares last quarter, the position s value still surged more than eight-fold to over $7 million after Reddit users engineered an explosion in GameStop s stock price.