Robinhood blocks purchases of GameStop, AMC, and others after days of Reddit-fueled rallies
Found on Business Insider on Monday, 01 February 2021
Robinhood has restricted trading of highly volatile stocks including GameStop and AMC on its platform, leaving its users unable to buy the highly volatile stocks.
The phenomenon has already fueled massive losses for numerous hedge funds and caught the attention of regulators and the White House.
When a hedge fund does the same, it is okay. If a group of people online does the same, it's disruptive. Sounds fair. Not.