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Robinhood Shortens Its Restricted-Securities List To 8 Stocks

Robinhood has updated its list of restricted stocks, and the list has grown much shorter than the 50 stocks it was at on Friday.

What Happened: Robinhood updated the “Changes due to ongoing market volatility” page on its site, where it maintains a list of the stocks it has placed buying restrictions on.

The list now shows just eight stocks, and the restrictions on some have been loosened up. Nokia Oyj NOK 8.18%, for example, has gone from a limit of five shares to 2,000. …

Read the full story at Benzinga.com and see the full list of items written for the trading news site at my author page.