How much GameStop will Robinhood let you buy? It keeps shrinking

GameStop photo

Robinhood only wants users to have a limited number of GameStop shares, and that number keeps getting smaller and smaller. Yesterday, the company halted users’ ability to buy stocks that were associated with r/WallStreetBets, including GameStop, AMC, and Nokia, but the company promised that users would be able to buy limited quantities on Friday. Today, it released a shifting support document that details just how limited things are — and to slightly paraphrase Lando, the deal’s getting worse all the time.

When trading opened earlier today, users were limited to owning five shares of GameStop in aggregate, meaning they could only own up to five — if they already had three GameStop stocks, they could only buy two more — but even that...

Continue reading…



from The Verge - All Posts https://ift.tt/2YrfcLf

Comments

Popular posts from this blog

LG’s ‘first gaming laptop’ has an RTX 3080 and 11th Gen Intel CPU

Adobe Acrobat Pro DC v2020.009.20074

Apple TV Plus will begin streaming Friday Night Baseball on April 8th