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Robinhood lifts trading restrictions on Reddit darlings GameStop and AMC

February 5, 2021

Robinhood has removed trading restrictions on the Reddit-trader favorites GameStop and AMC Entertainment, according to an update Friday on the trading platform’s website.

The move came only days after Robinhood rolled back restrictions on purchases of both stocks, when traders could buy up to 100 shares of the video-game retailer GameStop and 1,250 of the movie-theater chain AMC. Previously, the limit was set at 20 shares for GameStop and 350 for AMC.

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Filed Under: Business

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