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A California college student makes $ 110 million selling shares in Bed Bath & Beyond, the new meme stock that has risen more than 400% since July before falling 20% in today’s session.
20-year-old Jake Freeman bought Bed Bath & Beyond stocks in July for just $ 5.50, then sold them when they were $ 27, making a millionaire profit.
Bed Bath & Beyond is one of the stock memes that hit the headlines in 2021, but got less attention than GameStop and AMC.