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Sunday, January 31, 2021

Robinhood App Reduces Significant Part of Restrictions For Share Trading Amid GameStop Chaos

Earlier, online investment platform Robinhood restricted certain stock trades after a group of independent retail traders conversing in a Reddit chat group purchased GameStop call options, causing the company's once slumping shares to skyrocket, resulting a sharp drop in the value of several Wall Street institutional investment houses.

from Sputnik News - World News, Breaking News & Top Stories https://ift.tt/3j2U73l

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