this stock is not supported on robinhood gamestop

So I logged into my Robinhood app to see if I could get in on this GameStop stock craze and I was greeted with this message. Previously it supported all sorts of trading hype even from Reddit or other social media.

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The Robinhood stock app restriction on GameStop and others explained.

. This stock is not supported on Robinhood. Users cant buy GameStop shares or shares of AMC BlackBerry or Nokia on Robinhood anymore. Article continues below advertisement.

Reports are coming in that Robinhood the stock broker app is forcibly selling shares of GameStop on behalf of some of its users. The transactions cannot be canceled and it is being positioned as mitigating unreasonable risk on behalf of the company as well as. App users were allowed only to sell their positions not open new ones or.

NEW YORK AP The online trading platform Robinhood is moving to restrict trading in GameStop and other stocks that have soared recently due. GameStop stock tipster Roaring Kitty reveals he lost 13m in one day Barstool sports founder Dave Portnoy lost 700K in GameStop frenzy Family of. Heres why Robinhood shut down GameStop trading.

But wait what if you already own GameStop stock through Robinhood. Robinhood the stock-trading app wont allow users to buy or trade with GameStop AMC BlackBerry and other stocks anymore. Well thats the issue theyve restricted GameStop stocks and it is not okay.

Robinhood will list stocks as being unsupported or untradeable if the exchange itself has paused trading or if the stock was delisted from major exchanges. Screenshots from Robinhood users confirm GameStops stock is not supported on Robinhood The commission-free broker is warning customers the platform will only handle orders to. Revenue in the fourth quarter came.

It is alarming because more than half of the users on Robinhood own GameStop stock in some capacity. The stocks of GameStop AMC Blackberry Nokia and others are currently not supported on the Robinhood trading app with customers claiming they are being blocked from purchasing additional shares. Amateur trading app Robinhood stopped users from investing any further in GameStop a US chain of video games stores and seven other companies on Thursday after an extraordinary rise in.

Many other stock trading platforms paused the mobility of the popular stocks. The company said Thursday it has restricted transactions for certain securities amid significant. Robinhoods users blamed the brokerage for suspending the trading of GameStop stock and other securities last month amid a buying frenzy kick-started by retail traders on a Reddit.

Just before the stock exchanges opened on Thursday morning Robinhood made the following post. 28 Robinhood suspended the ability to buy shares of GameStop. Yesterday it closed at 5350 so it could be argued that the.

Those stocks and others are not supported on Robinhood according to a note on at least one of its platformsGameStop had surged more than 40 earlier momentarily pushing the stock above 500. Robinhood users who try to purchase shares of the GameStop stock are presented with a message saying This stock is not supported on Robinhood According to Motherboard 56 of Robinhood users own shares in GameStop and cannot do anything with them. Follow live updates as stock markets rocked by Reddit-fuelled buying frenzy.

This stock is not supported on Robinhood read a typical pop-up alert for users who tried to buy. If this isnt illegal then something is very wrong with the system. The day the restrictions were put in place GameStops stock closed at 325.

Robinhood messages posted to various company pages like GameStop AMC and Nokia inform users that the stock is not supported on Robinhood or not available for purchase. Robinhood announced in a notification that users could close their position on GameStop stock but they were not allowed to buy any additional shares. On Thursday morning Robinhood users posted on Twitter a message from the investor app that stated This stock is not supported on Robinhood specifically related to GameStop AMC Nokia and Bed Bath and Beyond.

Shares of GameStop and AMC which multiplied in value earlier this week as traders on the Reddit. Welcome to FTW Explains a guide to catching up on and better understanding stuff going on. Some are allowed to sell.

Robinhood recently added new limits to block users from buying or trading some of the popular stocks on the Reddit rWallStreetBets stocks just days after the craze went viral. 1 hour agoEven now the stocks fundamentals arent great but they are better than they were a couple of years ago. Robinhood becomes King John.

Robinhood today announced it is blocking users from buying shares of GameStop AMC Entertainment BlackBerry and a handful of other stocks on its commission-free service but it will allow users. When many Robinhood users logged in Thursday they were informed they could no longer buy shares of GameStop but could still sell them -- which would essentially lower the price. Tannen MauryEPA via Shutterstock A man talks on a cell phone outside a GameStop store in Gurnee Ill Dec.

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