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

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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 50. With less than a half-hour left of trading the list grew from 23 companies to 50.

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 contracts.

The stock, which is up 50%, is well off…



Source cnbc.com

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