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Brokerages limit trading in GameStop, sparking outcry Associated Press Updated:  Tags:  FILE - This Dec. 17, 2020 file photo shows the logo for the Robinhood app on a smartphone in New York. The online trading platform Robinhood is moving to restrict trading in GameStop and other stocks that have soared recently due to rabid buying by smaller investors. (AP Photo/Patrick Sison) (AP) NEW YORK – Robinhood and other retail brokerages took steps to tamp down the speculative frenzy surrounding companies such as GameStop, but the actions only sparked more volatility in the market and an ou...

The Associated Press Created: January 28, 2021 10:40 AM Robinhood and other retail brokerages are taking steps to tamp down the speculative frenzy surrounding companies such as GameStop, but the actions only sparked more volatility in the market and an outcry from users of the platforms and some members of Congress who say small investors are being treated unfairly. GameStop stock has rocketed from below $20 earlier this month to close around $350 Wednesday as a volunteer army of investors on social media challenged big institutions who had placed market bets that the sto...

Brokerages limit trading in GameStop, sparking outcry; lawsuit filed Updated Jan 28, 2021; By Associated Press Robinhood and other retail brokerages are taking steps to tamp down the speculative frenzy surrounding companies such as GameStop, but the actions only sparked more volatility in the market and an outcry from users of the platforms and some members of Congress who say small investors are being treated unfairly. GameStop stock has rocketed from below $20 earlier this month to close around $350 Wednesday as a volunteer army of investors on social media challenged big institutions who...

Robinhood hit with class-action lawsuit after restricting GameStop trades A lawsuit filed in New York claimed the stock trading app Robinhood manipulated the market by restricting investors' access to trading GameStop. Author: Staff Updated: 2:53 PM CST January 28, 2021 WASHINGTON — The stock trading app Robinhood has been hit with a class action lawsuit after restricting users from trading in GameStop and other stocks that have soared recently due to rabid buying by smaller investors.   GameStop stock has rocketed from below $20 to more than $400 this mon...

Robinhood Blocks Traders on Reddit and Beyond from Buying GameStop Stock – Make Sense of the Market Mayhem GOBankingRates 1/28/2021 Dawn Allcot © Omar Marques/SOPA Images/Shutterstock / Omar Marques/SOPA Images/Shutterstock Mandatory Credit: Photo by Omar Marques/SOPA Images/Shutterstock (11683098aa)In this photo illustration, a Reddit logo seen displayed on a smartphone with stock market prices in the background. The stock market is known for its volatility, but the rapid rise of GameStop (NYSE: GME) and AMC (NYSE: AMC), manipulated by a rogue group of retail traders o...