A 20-year-old student made more than $100 million trading Bed Bath & Beyond stock, report says
A 20-year-old college student went big on Bed Bath & Beyond at the right time, making close to $110 million off the meme-stock favorite after its share price quadrupled and before its buzziest stakeholder signaled plans to sell everything.
Jake Freeman's fund disclosed a 6.2% stake in the retailer in late July, then sold it on Tuesday.
Bed Bath & Beyond, the latest meme stock to skyrocket, has more than tripled in value this month.