Birdwatch Note Rating
2024-08-01 18:04:04 UTC - HELPFUL
Rated by Participant: C0DA0E1225995F1773D4CDF8D1BD8BB52A242F9478D0896DFDF73F8ED431A17A
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