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Here’s how a grad student turned a $500 bet on GameStop into a $200,000 gain

Anubhav Guha will use the money to help pay for living costs in Boston as he finishes his studies

Anubhav Guha gained 40,582% on his original investment
Anubhav Guha gained 40,582% on his original investment Photo: Heather Rousseau for The Wall Street Journal

Anubhav Guha turned $500 into more than $200,000 during the GameStop rollercoaster that gripped the markets – and headlines – in January.

Guha, a graduate student in mechanical engineering at the Massachusetts Institute of Technology, is one of the winners of the Reddit traders’ war against hedge funds.

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