Robinhood Clients Report Trading Restrictions on GameStop, AMC
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(Bloomberg) — Clients of Robinhood Markets, the upstart online brokerage with millions of users, reported that they are unable to trade high-flying stocks, including GameStop Corp. and AMC Entertainment Holdings Inc.
Those stocks and others are “not supported” on Robinhood, according to a note on at least one of its platforms Thursday.
On Wednesday, Charles Schwab Corp.’s TD Ameritrade also curtailed transactions on GameStop, AMC and other securities.
Read more: GameStop Briefly Tops $500 as Stock Resumes Momentous Surge
A Robinhood representative didn’t immediately reply to messages seeking comment.
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