Birdwatch Note Rating
2024-08-01 18:33:05 UTC - HELPFUL
Rated by Participant: 79626EBCC47CA4907B90A1941CD58EC54B1FC360C72BC363F9498F178ECB14F0
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