Robinhood, the stock platform that put restraints on trading of shares like the video game retailer GameStop and the movie theater chain AMC after a frenzy of buying and selling last week, has decreased the number of companies with trading restrictions to eight from 50, according to an update on its website.
The brokerage firm, which has attracted millions of millennials by eliminating trading fees and making stock trading easy, said last Thursday that it would limit buying of the kinds of securities that set off an enormous rally in shares of GameStop, AMC and a number of other companies.
