Robinhood narrows trade restrictions list to 8 companies, including GameStop ...News

Online brokerage Robinhood has cut down the list of its restricted stocks, from as many as 50 on Friday to eight starting Monday. Trade in short-squeeze names like GameStop has been limited due to last week’s explosive rallies. Companies that still face limitations include GameStop, AMC Entertainment Holdings, Blackberry, and others, Robinhood said, noting that the limits may be “subject to change throughout the day.” Opening new positions in those securities is limited, according to its website, which lists the maximum number of shares and options contracts each user can hold. For those whose current holdings already exceed the limits

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