Robinhood is still severely limiting trading, GameStop holders can only buy one additional share

The Robinhood website home screen on a smartphone.

Gabby Jones | Bloomberg | Getty Images

Restrictions on Robinhood traders are still tight and getting tighter throughout the day on Friday, now only allowing GameStop holders to buy a single additional share.

The stock trading app has also expanded its list of restricted stocks from 13 earlier in the day to 23.

Robinhood’s restrictions are quite limiting. “The table below shows the maximum number of shares and options contracts to which you can increase your positions,” Robinhood wrote.

Robinhood trading limits on certain stocks

Robinhood

The restricted list tells clients how many shares and options contracts they can buy pertaining to a particular security. Robinhood customers holding GameStop can only buy one share and up to five options…

Read Story