Birdwatch Note Rating
2024-08-01 17:50:20 UTC - HELPFUL
Rated by Participant: E848DB71A10D211C7BC9CC031153C01CD56F146C772D005AAC3C220FBCA8ECBC
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