Robinhood narrows stock trade restrictions
SEC, Congress probing GameStop chaos, online platforms’ trading freezes
Portfolio wealth advisor CIO Lee Munson and former congressional investigator Sam Dewey join ‘The Evening Edit’
Robinhood has narrowed its stock trade restrictions to eight companies on Sunday, including GameStop, Koss Corporation, AMC Entertainment Holdings, Express Inc., Naked Brands Group, Genius Brands International, BlackBerry Limited, and Nokia Corp.
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According to the company's support page, investors will be limited to 10 shares and 10 options contracts of AMC, 700 shares and 700 options contracts of BlackBerry, 20 shares and 20 options contracts of Express Inc., 1 share and 5 options contacts of GameStop, 600 shares and 600 options contracts of Genius Brands International, 2 shares of Koss Corp., 600 shares of Naked Brands Group and 2,000 shares and 1000 options contracts of Nokia Corp.