Robinhood narrows trading restrictions to eight companies

Buying restrictions:The trading app, pop-ular among retail investors who fostered the rise of GameStopstock,has been under fire across the political spectrum for its decision to restrict trading of high-flying stocks.—Bloomberg Buying restrictions: The trading app, popular among retail investors who fostered the rise of GameStop stock, has been under fire across the political spectrum for its decision to restrict trading of high-flying stocks. — Bloomberg

NEW YORK: Robinhood Markets Inc has reduced the number of companies with trading restrictions to eight from 50, ahead of yesterday’s trading session, according to an update on its website.

The current list includes GameStop Corp, AMC Entertainment Holdings Inc, BlackBerry Ltd, Express Inc, Genius Brands International Inc, Koss Corp, Naked Brand Group Ltd and Nokia Oyj.