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A college student made big bucks off GameStop stock. Now hes donating video games to a childrens hospital – CNN
https://www.cnn.com/2021/02/01/us/college-student-gamestop-stock-donates-to-hospital-trnd/index.html
Hunter Kahn, a mechanical engineering student at Cornell University, donated multiple Nintendo Switch consoles and games to Children’s Minnesota Hospital in Minneapolis after cashing out almost $30,000 in GameStop stock last Wednesday, he told CNN.
Kahn, who lives in Stillwater, Minnesota, said he participated in purchasing GameStop stock to join the movement to prove “the big boys on Wall Street” wrong. But, he said, donating a portion of his new fortune toward helping kids at the hospital felt better than waking up to any monetary gain.
Kahn’s donations are valued at more than $2,000, Children’s Minnesota Hospital said.
“We’re so grateful for this generous donation that will help bring joy to kids at our hospitals, especially during these challenging times,” Jennifer Soderholm, president of Children’s Minnesota Foundation, said in an email statement to CNN. “It’s inspiring to see young people in our community choosing to give back and pay it forward.”
His donations include: six Nintendo Switch Lites, two Nintendo Switches, multiple games and e-shop gift cards, and screen protectors and cases for the Switches.
The hospital said patients are already using the donations.
“There’s no group of people more deserving of receiving a bunch of video games than some kids going through a hard time,” Kahn told CNN.
Kahn said he encourages others who have profited from the movement to continue to use their good fortunes to pay it forward.
“If we’re criticizing these people on Wall Street and moving the money from one side to the other side, it would be meaningless if we behave exactly like these people that we were criticizing,” he said.
He is still holding on to the original 50 shares that he bought at $30, and said he plans to use the rest of his earnings toward paying off his college tuition.
