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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. Other fees such as trading (non-commission) fees, Gold subscription fees, wire transfer fees, and paper statement fees may apply.

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

  4. Jan 29, 2021 · The stock of videogame retailer GameStop GME 0.93% started 2021 at $18.84. On Friday, its share price traded above $340. And it isn’t the only surprising stock seeing big gains. Below, we...

    • Jenna Telesca
    • 4 min
  5. May 15, 2024 · When meme stocks rally, the brokerages may benefit more than the investors. On Tuesday night, CEO Vlad Tenev shared on X that Robinhood Markets Inc. (HOOD) saw $5 billion in equities trading ...

    • 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...

  6. Jan 28, 2021 · On Jan. 28, Robinhood suspended the ability to buy shares of GameStop. App users were allowed only to sell their positions, not open new ones or add to their existing holdings in GME.

  7. Get the latest Robinhood Markets Inc (HOOD) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions.

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