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Everything to Know About Robinhood's Retirement IRA

Everything to Know About Robinhood's Retirement IRA
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Robinhood Has Loosened Limitations on Buying GameStop, AMC and Other Meme Stocks

Robinhood Has Loosened Limitations on Buying GameStop, AMC and Other Meme Stocks
On 2/1/21 at 4:35 PM EST
After the Reddit-inspired Wall Street boom last week, trading app Robinhood has further eased previously placed limitations on how many meme stocks could be purchased. Stocks such as GameStop, AMC Entertainment, Express and Koss are now allowing users to buy more than was previously permitted.
According to CNBC, folks were only allowed to buy 75 AMC Entertainment shares; now, they can buy up to 350 shares. Express has also raised their cap from 200 shares to 1,000 shares. The new maximum number of shares for each of the stocks can be seen on Robinhood s Help Center. Please note that these are aggregate limits for each security and not per-order limits, and include shares and options contracts that you already hold, the site notes, adding. These limits may be subject to change throughout the day. ....

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