Birdwatch Note Rating
2024-08-01 18:02:54 UTC - HELPFUL
Rated by Participant: 26C8CB80963C4D4C44FAD89A92FC28519FA39B7A49F4BC03A125E01191203206
Participant Details
Original Note:
Although he is a Financial Advisor, in his math, Kevin wrongfully accounts for new cash raised by the company WITHOUT accounting for the 120M shares that accompanied the cash raise. Correcting for this, the figure becomes ~$13 assets per share and ~$2.8 liabilities per share. https://news.gamestop.com/news-releases/news-release-details/gamestop-discloses-first-quarter-2024-results
All Note Details