How many stocks will Robinhood let you buy? The numbers keep shrinking
Robinhood only wants users to have a limited number of shares of companies like GameStop, and that number keeps getting smaller and smaller. On Thursday, the company halted users’ ability to buy stocks that were associated with r/WallStreetBets, including GameStop, AMC, and Nokia, but the company promised that users would be able to buy limited quantities on Friday. Today, it released a shifting support document that details just how limited things are — and to slightly paraphrase Lando, the deal’s getting worse all the time.
When trading opened earlier today, users were limited to owning five shares of GameStop in aggregate, meaning they could only own up to five — if they already had three GameStop stocks, they could only buy two more…
