When this is over Im going to have to research which brokerage tried to screw. Thats like 10 of their original capacity.
Robinhood Halts Gamestop Trading Sells Users Stock Without Consent Tweaktown
Still investors who sued online brokerages over.
Robinhood gme restriction. Robinhood has posted a defense over its decision on Thursday to restrict stock purchases. I think it is because people are leaving RobinHood. BB Naked Holdings NASDAQ.
First ameritrade blocks AMC and GME trades now you cant buy anymore options expiring this week. Robinhood is really trying to help the shorts here. However many saw it instead as a way to protect short-selling hedge funds from further losses.
Retail traders found on Thursday morning that at market open the app would not allow the purchase of stock from companies like GameStop NYSE. The recent short squeeze phenomenon was unlike anything investors have seen before with some stocks multiplying several times over in very short periods on no news. Multiple lawsuits have been filed against Robinhood mostly alleging restrictions by the trading platform that amounted to a breach of contract.
Robinhood did not respond to a request for comment. The current list of over 50 restricted stocks. Online trading platform Robinhood narrowed its stock trade restrictions from 50 to 8 companies on Sunday including GameStop NYSEGME Koss NASDAQKOSS AMC Entertainment Holdings NYSEAMC.
Robinhood A Robinhood spokesperson confirmed the new restrictions in an email to Insider. The trading platform drew a lot of heat when it restricted purchases of certain stocks. View the real-time GME price chart on Robinhood and decide if you want to buy or sell commission-free.
GME AMC Theaters NYSE. Whoever is trying to tank the GME share price isnt reloading their bullets as quickly. Robinhood restricting the purchase of GME is for the best.
Change the date range see whether others are buying or selling read news get earnings results and compare GameStop against related stocks people have also bought like AMC BB NOK and MNMD. The company imposed the stock-trading restrictions Thursday citing recent volatility The company said in a. As rWallStreetBets and a short squeeze dominated the market the trading platform enforced bans to combat market volatility Then Robinhood set.
The maximum number of shares to borrow only hit 200k compared to 2 million last week. Heres the latest set of restrictions according to Robinhoods support page. In the midst of the.
As it stands Robinhood has restricted trading in 50. The popular retail trading app Robinhood restricted sales on Thursday for several popular stocks that have gone viral this week. Today those restrictions are continuing.
Why did this happen. Included in the update are Starbucks Beyond Meat and General Motors. Robinhood restricted trading on 23 stocks initially but expanded the list to 50 later on Friday.
Wtf is this bullsht.
