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Man who profited off GameStop surge buys consoles, games for hospital

GameStop-Stock Surge
Posted at 5:18 PM, Feb 01, 2021

MINNEAPOLIS — A 20-year-old who made a bunch of money in the recent GameStop stock surge took his earnings and shared them with a local children's hospital.

READ: Here's why GameStop’s stock surge is shaking Wall Street

Hunter Kahn bought GameStop shares when they were $30 and watched his stash of cash soar when the stock jumped 1600% due to the actions of small traders looking to stick it to the big hedge funds.

Instead of keeping the wealth to himself, Kahn purchased six Nintendo Switch consoles and dozens of games for Children's Minnesota in Minneapolis, KSTP reports.

"I just love video games," Kahn told the station. "I know that if I were in the hospital as a kid, I would love that. It would help me out a lot."