Robinhood Lifts Trading Limitations Put on Volatile Stocks Like GameStop
Feb 5 2021 · 13:28 UTC | Updated
Feb 5 2021 · 13:31
by Steve Muchoki · 3 min read
Photo: Depositphotos
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Robinhood had earlier put buy limitations on approximately 13 equities including GameStop, Koss, Express, Nokia, Blackberry and others.
After limiting buy orders from retail traders at the tail end of last week, stock trading platform Robinhood has removed buy limitations put on highly volatile stocks including GameStop Corp (NYSE: GME) and AMC Entertainment Holdings Inc (NYSE: AMC). The company issued an update on its website late on Thursday, saying:
“There are currently no temporary limits to increasing your positions.”