People enter a GameStop store during ‘Black Friday’ sales in Carle Place, New York. Gathering on social media platforms like Reddit, Discord, Facebook and Twitter, individual investors have piled into stocks like GameStop and AMC.
Popular online brokerages restricted trading in highflying stocks including GameStop Corp. and AMC Entertainment Holdings Inc., sapping some of the euphoria around shares of companies that individual investors have sent skyrocketing in recent days.
The restrictions, from brokerages including Robinhood Markets Inc., Webull Financial LLC, E*Trade Financial Corp. and Interactive Brokers Group Inc., left traders hoping to capitalize on this week’s eye-popping gains with only two options: hold or sell. They also fueled a firestorm of criticism among users and even some members of…
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