![]() ![]() ![]() We fundamentally believe that everyone should have access to financial markets. We’re committed to helping our customers navigate this uncertainty. We also raised margin requirements for certain securities. In light of recent volatility, we are restricting transactions for certain securities to position closing only, including $AAL, $AMC, $BB, $BBBY, $CTRM, $EXPR, $GME, $KOSS, $NAKD, $NOK, $SNDL, $TR, and $TRVG. We continuously monitor the markets and make changes where necessary. The company attempted to justify the move in a blog post, but without success. ![]() As that volatility continued, Robinhood took the rare step of blocking users from buying those stocks. Over the past month (and long before, in some instances), users on the WallStreetBets subreddit have been piling onto stocks that are commonly-shorted by hedge funds, such as GameStop, BlackBerry, and AMC. Now, affected Robinhood users are calling on Apple to remove Robinhood from the App Store - and accusing the company of censoring negative Robinhood reviews on the App Store. As we reported earlier this morning, Robinhood made the controversial decision to ban trades of GME, KOSS, and other Reddit-backed stocks. The ongoing trading freeze related to Robinhood and stocks such as GameStop and AMC continues to extend to Apple’s App Store today. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |