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GameStop stock surges as Robinhood lifts restrictions

GameStop stock surges as Robinhood lifts restrictions

GameStop’s stock price rose again Fri. after the Robinhood app eased restrictions on trading. The company’s shares surged over 100% in premarket trading as traders on Reddit’s ’WallStreetBets’ forum continued to talk it up. Robinhood reversed its earlier course, saying it would let traders buy and hold limited numbers of those stocks on Friday. Users can purchase 5 shares or 10 options contracts.

Kathy
Kathy
Just Keep Scrolling
Just Keep Scrolling 3 weeks

This is just too funny. :) When Reddit trolls beat Wall Street at its own game. I guess Wall Street brokers think you have to have fancy suits to be allowed to manipulate markets? Pfft.

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