Birdwatch Note Rating
2024-08-02 01:23:59 UTC - NOT_HELPFUL
Rated by Participant: 736599C2C564104A81E534A9E3ACA34355ACCF68D17BD7AE0B351D142C4A9375
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