Robinhood added additional restrictions to trading on his platform on Friday.
Restrictions include the ability to purchase only one share of GameStop Corp (NYSE: GME), one of the hottest stocks this week that led to a big squeeze on the sale.
Robinhood also placed restrictions on Thursday that interrupted the purchase of certain shares.
The list of shares that now have limited restrictions has risen to 50, according to CNBC. Here is a look at the 50 stocks with restrictions on Robinhood and the current limit on the number of stocks and options you can buy.
- American Airlines Group Inc (NASDAQ: AAL): 1 share, 10 options
- Aurora Cannabis (NYSE: ACB): 1 share, standard limits
- First Majestic Silver Corp (NYSE: AG): 1 share, standard limits
- AMC Entertainment (NYSE: AMC): 1 share, 10 options
- Advanced Micro Devices Inc (NASDAQ: AMD): 1 action, standard limits
- BlackBerry Ltd (NYSE: BB): 1 share, 10 options
- Bed Bath & Beyond Inc (NASDAQ: BBBY): 1 share, 10 options
- BYD Co (OTC: BYDDY): 1 share
- Beyond meat (NASDAQ: BYND): 1 action, standard limits
- Churchill Capital Corp IV (NYSE: CCIV): 1 share, standard limits
- Clover Health (NASDAQ: CLOV) 1 action, standard limits
- Curis (NASDAQ: CRIS): 1 action, standard limits
- Castor Maritime Inc (NASDAQ: CTRM): 5 shares
- Express Inc (NYSE: EXPR): 5 shares, 10 options
- EZGO Technologies (NASDAQ: EZGO): 5 shares
- General Motors Corporation (NYSE: GM): 1 share, standard limits
- GameStop Corp: 1 action, 5 options
- Gran Tierra Energy (NYSE: GTE): 5 shares, standard limits
- Her and Hims’ health (NYSE: HIMS): 1 share, standard limits
- Inovio Pharmaceuticals Inc (NASDAQ: INO): 1 action, standard limits
- Capital Social Hedosophia Holdings Corp V (NYSE: IPOE): 1 share, standard limits
- Capital Social Hedosophia Holdings Corp VI (NYSE: IPOF): 1 share, standard limits
- Jaguar Health Inc (NASDAQ: JAGX): 5 parts, standard limits
- Koss Corp (NASDAQ: KOSS): 1 share
- Lianluo Smart (NASDAQ: LLIT): 5 shares
- Moderna Inc (NASDAQ: MRNA): 1 action, standard limits
- Group of naked brands (NASDAQ: NAKD): 5 shares
- The9 Ltd (NASDAQ: NCTY): 1 share
- Nokia Oyj (NYSE: NOK): 5 shares, 10 options
- Novavax Inc (NASDAQ: NVAX): 1 action, standard limits
- Opendoor Technologies Inc (NASDAQ: OPEN): 1 action, standard limits
- Rocket Companies Inc (NYSE: RKT): 1 share, standard limits
- RLX technology (NYSE: RLX): 1 share, standard limits
- Rolls-Royce Holdings (OTC: RYCEY): 5 shares, standard limits
- Starbucks Corp (NASDAQ: SBUX): 1 action, standard limits
- Shoals Technologies Group (NASDAQ: SHLS): 1 share
- Siebert Financial Corp (NASDAQ: SIEB): 1 action, standard limits
- iShares Silver Trust (NYSE: SLV): 1 share, standard limits
- Sundial Growers Inc (NASDAQ: SNDL): 5 shares, 10 options
- Direxion Daily Semiconductor Bull 3x shares (NYSE: SOXL): 1 share, standard limits
- Sorrento Therapeutics Inc (NASDAQ: SRNE): 1 action, standard limits
- Star Peak Energy Transition Corp (NYSE: STPK): 1 share, standard limits
- Tengasco (NYSE: TGC): 5 shares
- Tian Ruixiang Holdings (NASDAQ: TIRX): 1 share
- Tootsie Roll Industries (NYSE: TR): 1 share, 10 options
- Trivago (NASDAQ: TRVG): 55 shares, 10 options
- Workhorse Group (NASDAQ: WKHS): 1 action, standard limits
- Qualtrics International (NASDAQ: XM): 1 action, standard limits
- Zomedica Corp (NYSE: ZOM): 5 shares
Because it’s important: The list includes many of the most popular among retail merchants. Today’s list imposes restrictions on several top-tier stocks for the first time, with stocks like General Motors and Starbucks having buying limits.
SPACs are also among the actions restricted by Robinhood, including some completed SPAC merger companies, SPACs with pending deals and SPACs in search of targets hit by the restrictions.
Disclosure: The author is over shares of CCIV, NAKD, SNDL.
Related link: Robinhood CEO on trading interruptions: ‘We made the right decision’
Photo courtesy of Robinhood.
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