Robinhood has blocked people from buying Gamestop,eroticism tv AMC, Nokia, and Blackberry shares and users are pissed off.
A collective of Reddit users have been using the stock trading platform to juice certain stocks — Gamestop chief among them — driving share prices way up and forcing massive hedge funds that shorted the stocks into a money-losing corner. Users figured out a way to collectively increase the value on their shares while kneecapping financial giants that had taken short positions against struggling businesses. But now Robinhood — a commission-free stock trading app — has entirely blocked the purchase of shares that the Reddit users targeted, namely $AMC, $BB, $BBBY, $EXPR, $GME, $KOSS, $NAKD and $NOK.
Users that own the stock can still sell their shares, but the move put a massive damper on the movement many see as a win for the average person.
This Tweet is currently unavailable. It might be loading or has been removed.
People are, somewhat understandably, pissed off. They were left wondering why they couldn't buy shares seemingly because they had done too good a job at taking on the big guys. All this on an app named after Robin Hood — you know, take from the rich and give to the needy — no less. Granted, it seems likely the share prices are destined to come crashing down at some point.
Still, some people quickly began jumping ship to different trading apps after Robinhood restricted the shares to only selling off.
This Tweet is currently unavailable. It might be loading or has been removed.
This Tweet is currently unavailable. It might be loading or has been removed.
This Tweet is currently unavailable. It might be loading or has been removed.
This Tweet is currently unavailable. It might be loading or has been removed.
This Tweet is currently unavailable. It might be loading or has been removed.
This Tweet is currently unavailable. It might be loading or has been removed.
This Tweet is currently unavailable. It might be loading or has been removed.
This Tweet is currently unavailable. It might be loading or has been removed.
This Tweet is currently unavailable. It might be loading or has been removed.
This Tweet is currently unavailable. It might be loading or has been removed.
People might be pissed at Robinhood, but there are plenty of other apps where they can (and likely will) make trades. Other sites and apps like E-Trade and Cash were apparently still allowing people to buy shares of some of the stocks restricted by Robinhood.
(Editor: {typename type="name"/})
Wordle today: The answer and hints for February 22, 2025
Walmart's robotics partner just raised $17.5 million to fund more store automation
Rotten Tomatoes is hiding its 'Justice League' score, but we have a guess
Facebook subtly neither confirms nor denies Russian meddling during Brexit
Comparing Team Communication Apps: What Do You Get for Free?
Disney confirms 'Marvel Heroes' will be shut down
That tweet trolling a Muslim woman during the Westminster attack was actually by a Russian bot
China now has more supercomputers on the world’s top 500 list than the U.S.
Nintendo Switch 2 preorder just days away, per leak
Walmart will have SNES Classics on sale for the next three days
Nvidia Pascal Goes Mobile: GeForce GTX 1080, 1070 & 1060 Preview
Face ID on Apple iPhone X meets its match: a 10
接受PR>=1、BR>=1,流量相当,内容相关类链接。