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


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…


This is how Wall Street thinks the Reddit-fueled GameStop trade unravels

Previous article

What pro traders, the Reddit crowd and regulators may do next

Next article

You may also like

Leave a Reply

Notify of

More in Investing