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Jaydyn s mother, Nina Carr, told CNN
that she bought 10 shares of GameStop for about $60 as a Kwanzaa gift for her son in 2019. We were always there two years ago, just buying different video games, she explained. I was like, I can give him the shares the GameStop and give him something tangible to hold on to and that way he can appreciate it that way.
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Jaydyn said he thought the gift was very cool despite wanting an XBox One that year and his mom taught him to think of the gift as a long-term investment.
Nina said that the pair would occasionally check the stock price for fun but it wasn t until Wednesday that Jaydyn s gift saw major movement.