Robinhood limits purchases of GME, AMC, BB, and NOK to 1 share

Robinhood puts massive restrictions on GameStop, AMC, BlackBerry, and Nokia shares amidst the WallStreetBets domination.

2 minutes & 18 seconds read time

It was only a few hours before I went to bed last night that Robinhood stopped its Instant Deposit feature to access crypto, pissing off users -- but now it's worse: they're limiting your purchases on "WSB stocks".

These stocks include GameStop ($GME), AMC ($AMC), BlackBerry ($BB) and Nokia ($NOK) which have all been selling some great returns on investment for people. GameStop in particular which has mooned and caused hedge funds to lose billions of dollars, make worldwide headlines, and disrupt the entire market.

Well, now Robinhood is completely limiting the sales of shares of GameStop ($GME), AMC ($AMC), BlackBerry ($BB) and Nokia ($NOK) to just 1 share per customer at purchase. Stock Market News on Twitter shared the new images, which limits the super-popular shares to 1 purchase per customer at the moment.

The poster notes that there are "no restrictions on Webull" and other platforms.

Robinhood limits purchases of GME, AMC, BB, and NOK to 1 share 01
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Mr. Robot

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* Prices last scanned on 9/27/2023 at 2:46 am CDT - prices may not be accurate, click links above for the latest price. We may earn an affiliate commission.

Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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