Robinhood Allows GameStop Trading With Restrictions.


Robinhood resumed trading for GameStop, AMC, BlackBerry and the other securities it blocked but "limited buys" only.

Robinhood will "continue to monitor the situation and may make adjustments as needed."

The financial services company acknowledges, its decision to temporarily halt trading was "made to best continue serving you, and was not an easy one to make," and, "was not made on the direction of any market market maker we route to or other market participants."

The GameStop stock battle resulted in Robinhood un-listing the stock and AMC, Nokia, BlackBerry, Naked Brands and a few others. This infuriated customers who believe this favors the hedge funds that shorted the stocks.

GameStop's stock price surged to $350 after starting the year at $19, so Robinhood blocking trading, is the financial services company siding with hedge funds, and screwing over everyone else.

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