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GameStop, AMC, Koss and others on Robinhood restricted trading list surge

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A man walks past an AMC theatre amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., January 27, 2021.

Carlo Allegri | Reuters

Stocks on Robinhood’s restricted trading list jumped on Friday, after the online brokerage said it would resume limited trading in the heavily shorted names.

GameStop surged more than 100% before being halted several minutes into trading due to volatility. Koss advanced 63%. AMC Entertainment and Express rose 53% and 40%, respectively, before each stock was also halted. Naked Brand Group gained 41%.

For some of the stocks, Friday’s spike erased heavy losses sustained during the prior session after Robinhood and…



Source cnbc.com

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