Birdwatch Note Rating
2024-08-01 18:41:49 UTC - HELPFUL
Rated by Participant: CFA89C27B246BFCC4ADE0C04240324197631F76E2B0E923D7822E6D279305CC6
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