Users can't buy GameStop shares,stormy danieals sex videos or shares of AMC, BlackBerry, or Nokia, on Robinhood anymore.
The company said Thursday it has restricted transactions for certain securities "amid significant market volatility."
Numerous Robinhood users have confirmed this on Twitter. When they tried to open one of the stocks, they got a message that said, "You can close out your position in this stock, but you cannot purchase additional shares."
The complete list of shares that currently cannot be bought through Robinhood is as follows: $AMC, $BB, $BBBY, $EXPR, $GME, $KOSS, $NAKD and $NOK.
Robinhood says it has also raised margin requirements for certain securities.
Though Robinhood doesn't go into details beyond the comment on volatility, the move comes amid an epic stock market battle which culminated in GameStop's stock price rising thousands of percent within weeks.
For a more detailed explanation of what's happening, check out our article here. In short, some massive hedge funds have overextended themselves by shorting (selling in anticipation of a price decrease) GameStop stock, and a group of Reddit traders have pushed them into a corner by relentlessly buying GameStop stock and driving the price upward.
"We fundamentally believe that everyone should have access to financial markets," says Robinhood in its announcement. But stopping small investors from buying a particular stock — which almost certainly benefits certain multi-billion dollar hedge funds — sounds like the exact opposite of that.
This Tweet is currently unavailable. It might be loading or has been removed.
Many traders weren't happy with Robinhood on social media. Some, including Facebook and Gemini co-founder Cameron Winklevoss, are pointing to cryptocurrency markets as alternatives to the stock market. They are by definition permissionless and decentralized, meaning it's not easy to block people from trading on them.
Despite trading as high as $500 in premarket trading, GameStop opened sharply lower at the stock market opening on Thursday, and is currently trading at $300.
We've reached out to Robinhood and will update the story when we hear back.
Previous:Nikkei Socials Dance at Nakaoka Center
Next:Dota 2 и Counter
Wordle today: The answer and hints for May 29Djokovic vs. Cerundolo 2024 livestream: Watch French Open for freeApple's WWDC invite has arrived. Here's how to tune in.Where to pre‘What? Things change!’ The ‘I’m a Mac guy’ actor, Justin Long, does new ad for Windows PCsBest Amazon Fire Tablet deals: Save up to 36% offGalaxy Watch FE: Samsung may have just leaked itLeaked Google database affects cars caught on Google Maps, children's privacy, and moreGoogle Search algorithm documents have leaked. Here's what experts are saying.Amazon deals of the day: Sonos Era 300, Beats Studio Buds +, Sonos Era 100, and Kodak Mini Shot 3 Amazon Spring Sale 2025: Best Fire Stick deal Panic in Textopolis SpaceX gets FCC approval to provide internet from 4,425 satellites A Liberal Comity Show The Silence of the Burbs Amazon Spring Sale 2025: The best Samsung deals save up to 48% NYT Connections Sports Edition hints and answers for March 26: Tips to solve Connections #184 Every Tesla Cybertruck recall since the launch. See the list A Most Incompetent Spy Never Get Off The Boat
0.1403s , 14236.515625 kb
Copyright © 2025 Powered by 【stormy danieals sex videos】Robinhood no longer allows users to buy GameStop, AMC, BlackBerry shares,Global Hot Topic Analysis