Robinhood lifts trading restrictions on all stocks

Robinwood

An update on Robinhood’s website has it that the online brokerage app has removed temporary trading restrictions on all stocks, including GameStop Corp and AMC Entertainment Holdings Inc.

Early Thursday, Robinhood’s website showed that the trading limit on GameStop’s shares was set at 500, while for AMC the limit was set at 5,500 shares.

Trading restrictions on a few other stocks had been lifted on Wednesday.

Robinhood had put temporary buying restrictions on a number of securities including Nokia, Express Inc , as clearing house-mandated deposit requirements for equities increased ten-fold.

GameStop’s shares and others favored recently by retail investors fell further on Thursday, while U.S. Treasury Secretary Janet Yellen vowed to protect investors, but also said financial market regulators needed to fully understand the recent trading frenzy before taking any action.

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