UPDATE: Jan. 28, 2021, 6:03 p.m. EST Several hours after Robinhood restricted trading of “meme” stocks such as Gamestop, apps TD Ameritrade and WeBull restricted them as well. As of 2:35 p.m. ET, WeBull no longer restricted buying shares of Gamestop, AMC, and KOSS.
By now, you may be aware of Redditors battling against Wall Street by investing in companies hedge funds bet will fail: GameStop, AMC, and Nokia, among others.
What sounds like a classic Robin Hood story — take from the rich and give to the poor — was halted by an app ironically called…Robinhood. Robinhood is a free stock trading app that is currently under fire for stopping users from buying shares in GameStop and others Redditors have jumped on. Read more…
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Source : Here are the best investing app alternatives to Robinhood
