D-Box Technologies Inc T.DBO

GameStop is about to GO much higher! Not Robin Hood

[Loony]

Robinhood said the trading limits "may be subject to change throughout the day."

 GETTY IMAGES

• Email icon
• Facebook icon
• Twitter icon
• Linkedin icon
• Flipboard icon

• Print icon
• Resize icon

Referenced Symbols

 

GME
+67.87% 
AMC
+53.65% 
BB
-3.75% 
EXPR
+27.66% 
GNUS
-9.64% 
KOSS
+52.53% 
NAKD
+18.71% 
NOK
-2.77% 

 

Robinhood is narrowing its list of restricted stocks, but will still impose limits on buying shares of heavily shorted GameStop Corp. and AMC Entertainment Holdings Inc. when trading opens Monday.

On its website, the online brokerage on Sunday adjusted its list of restricted stocks from 50 to eight: GameStop GME, +67.87%, AMC AMC, +53.65%, BlackBerry Ltd. BB, -3.75%, Express Inc. EXPR, +27.66%, Genius Brands International Inc. GNUS, -9.64%, Koss Corp. KOSS, +52.53%, Naked Brand Group NAKD, +18.71% and Nokia Corp. NOK, -2.77%.

Robinhood's restricted stocks.

 ROBINHOOD

Per the limits, Robinhood users can only buy one share of GameStop (and up to five options contracts), and up to 10 of AMC (and 10 options contracts).