Robinhood will allow limited buying of restricted securities Friday, GameStop jumps after hours

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Shares of GameStop, AMC and others jumped in extended trading on Thursday after Robinhood said it will resume limited trading.

“Starting tomorrow, we plan to allow limited buys of these securities. We’ll continue to monitor the situation and may make adjustments as needed,” Robinhood said in a statement.

GameStop shares rebounded in after hours trading following the Robinhood decision. The shares gained 28% to $247 in extended trading after closing down 44% to $193.60 during regular hours Thursday.

CNBC

 

 

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