Robinhood lifts trading restrictions on all stocks, including GameStop

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Online brokerage app Robinhood said on Thursday it has removed temporary trading restrictions on all stocks, including GameStop Corp and AMC Entertainment Holdings Inc, according to an update on its website.

Earlier in the day, Robinhood's website showed that the trading limit on GameStop's shares was set at 500, while for AMC the limit was set at 5,500 shares. The online broker, one of the hottest venues in last week’s retail-trading frenzy, had put temporary buying restrictions on a number of securities including Nokia, Express Inc , as clearing house-mandated deposit requirements for equities increased ten-fold.

GameStop’s shares and others favored recently by retail investors fell further on Thursday, while U.S. Treasury Secretary Janet Yellen vowed to protect investors, but also said financial market regulators needed to fully understand the recent trading frenzy before taking any action.

 

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They better open everything as otherwise their name will change to the SHERIFF OF NOTTINGHAM and they’ll go Bankrupt .

Disgusting

Well yeah the momentum has died down. But don't worry, literally no one will touch their Sherriff-of-Nottingham-like platform ever again. And the next time the hedgies get out of line, they may not be able to pull enough levers to counteract the masses. The tide has turned.

They are Traitors

Well of of course they did after the stock went down

Buy $AMC 💎and hold $AMC💎🚀🚀🚀 They try To discourage y'all🙄

RobinhoodApp This app is changing the legend beyond the name “RobinHood”. Because they are acting quite the opposite. The first lawsuit must be over the app’s illusional name. All those in favour say aye!

🚀 🚀 🚀 💎 🙌

Fuck RobinhoodApp RobinhoodAppUK

The damage is done. They RobTheHood now

Congrats after they bailed out the shorts and screwed over WSB. Now you can return to business as usual until something like this happens again!

yeah... they are going under, once they lose all the lawsuits. 👍 Some judge somewhere will care that they screwed over regular people and protected evil hedge funds. 👎

Of course. They won

Of course they do, they killed the stock already. And they will face no consequences except for a financial slap on the wrists. They literally robbed a good million people or more off their money.

The problem is ever trusting Robin Hood again.

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