Birdwatch Note Rating
2024-08-01 20:57:49 UTC - HELPFUL
Rated by Participant: 8E71DE91F39329BB5DAAD5CA0FF299ADB587911B89FF8BB65E3C50648B52C227
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