(CNN) — After making thousands off GameStop stock last week, a 20-year-old college student used his newfound riches to pay it forward to a local children’s hospital.
Hunter Kahn, a mechanical engineering student at Cornell University, donated multiple Nintendo Switch consoles and games to Children’s Minnesota Hospital in Minneapolis after cashing out almost $30,000 in GameStop stock last Wednesday, he told CNN.
GameStop shares have jumped 1,625% in the past month. The soaring percentages are mostly due to a group of investors on Reddit, who are buying the stock in a movement to hurt short sellers and hedge funds that bet on the stock to go down.
Kahn, who lives in Stillwater, Minnesota, said he participated in purchasing GameStop stock to…