A college student made big bucks off GameStop stock. Now he's donating video games to a children's hospital

Hunter Kahn donated multiple Nintendo Switch consoles and games to Children's Minnesota Hospital in Minneapolis after cashing out almost $30,000 in GameStop.

(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 join the movement to prove "the big boys on Wall Street" wrong. But, he said, donating a portion of his new fortune toward helping kids at the hospital felt better than waking up to any monetary gain.