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  2. View the real-time GME price chart on Robinhood and decide if you want to buy or sell commission-free.

  3. Jun 27, 2022 · Robinhood was blindsided by the surge in interest from the first big "meme stock" after investors rallied around $GME and sent its price into the stratosphere.

    • What Is Robinhood?
    • What Happened with Robinhood and Gamestop?
    • Why Did Robinhood Stop Users from Buying Gamestop Shares?
    • When Did Robinhood Let Investors Trade Gamestop Shares Again?
    • Who's Mad at Robinhood?
    • What Other Investing Services Restricted Trades Like Robinhood?

    Robinhood is an investing app that launched in 2015. It's popular among millennials, who make up a majority of its users and can conduct a variety of investments for free. Read more about Robinhood here.

    On the morning of Jan. 28, Robinhood posted a blog saying it was limiting users by preventing them from buying stocks from several companies such as GameStop, AMC and Nokia. It cited "market volatility" as its reasoning and would only allow customers to sell their shares of these companies, not buy or trade in any other way (more below). "In light ...

    On Jan. 29, Robinhood posted another blogabout what happened. The company explained it was required to keep a substantial amount of money on hand in order to process all the trades happening through its clearinghouse, which is the part of the company that sends shares and money back and forth to other clearinghouses to complete trades. Robinhood CE...

    Robinhood sent an email to customers in the afternoon of Jan. 28 saying it would allow "limited buys" of those company stock starting the next day. The limits included a maximum number of shares users could own (at one point it was down to one GameStop share), no trading options, no borrowing money on credit also known as margin, recurring investme...

    A ton of people. The subreddit behind the GameStop's skyrocketing share value, r/WallStreetBets, includes big users of Robinhood who felt they were slighted by the decision. The subreddit's Twitter accountsaid the freeze harmed small traders and favored the Wall Street establishment. "Individual investors are being stripped of their ability to trad...

    Other investing apps and services also had issues with clearing trades similar to Robinhood. Cash App tweetedit would not process trades for AMC and Nokia due to their broker, Axos, halting trades. "The clearing broker who processes our trades, Axos, has temporarily halted buys of $AMC & $NOK," the company tweeted. "This was not Cash App's decision...

  4. May 17, 2024 · GME stock tumbles after preliminary Q1 results disappoint. A major short seller returns. Robinhood sees double upgrade.

  5. May 8, 2024 · Get real-time updates on GameStop Corporation Common Stock (GME) stock quotes, trades, and more. Make informed investments with Nasdaq.

  6. Jan 29, 2021 · (10 min) Wall Street is in an uproar over GameStop shares, after members of Reddit’s popular WallStreetBets forum encouraged bets on the video game retailer. WSJ explains how options trading is...

  7. May 15, 2024 · On Tuesday night, CEO Vlad Tenev shared on X that Robinhood Markets Inc. (HOOD) saw $5 billion in equities trading volume that day, one of the biggest days for the online broker in the past 12...

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