Gamestop Falls 31 As Robinhood And Amateur Traders Continue Battle
The trading app had placed limits on 50 stocks, but on Monday lifted restrictions except on GameStop, AMC, Blackberry, Express, Genius Brands, Koss, Naked Brand and Nokia. Customers seeking to buy shares in those companies now are limited to buying one share of GameStop and five options. A stock option gives an individual the right to buy or sell a stock at an agreed upon price on a certain date, but it’s not an obligation to do either....