Student, 20, makes $110M trading meme stock Bed Bath & Beyond

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5 thoughts on “Student, 20, makes $110M trading meme stock Bed Bath & Beyond

  1. Freeman’s investment cost him $27,280,000 (4.96 million shares at $5.50 each), which according to this article was raised from “friends and family.” He also interned for a hedge fund, which I infer may have also put cash into his effort. Bottom line: he cleared a profit of $102,720,000 before, presumably, paying back his co-investors and the IRS. My guess is his true net profit then was significantly less than this story implies.

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