When news emerged recently of the 20-year-old student who had made $110mn buying and selling shares in a tired homeware brand, there was an understandable uproar. The Financial Times revealed Jake Freeman had invested $27mn in Bed Bath & Beyond in July, selling it only a few weeks later for nearly five times as much. … Read more
A 20-year-old university student has made a roughly $110mn gain by selling a stake in struggling retailer Bed Bath & Beyond, after its stock price soared during a month of frenzied trading reminiscent of last year’s meme stock boom. Jake Freeman, an applied mathematics and economics major at the University of Southern California, acquired nearly … Read more
A 20-year-old university student has made a roughly $110mn gain by selling a stake in struggling retailer Bed Bath & Beyond, after its stock price soared during a month of frenzied trading reminiscent of last year’s meme stock boom. Jake Freeman, an applied mathematics and economics major at the University of Southern California, acquired nearly … Read more