E*Trade Restricts Purchases of GameStop, AMC Shares

E*Trade Restricts Purchases of GameStop, AMC Shares

E*Trade Financial is preventing customers from purchasing shares of GameStop Corp. and AMC Entertainment Holdings Inc., according to a person familiar with the matter.

The move by Morgan Stanley’s retail brokerage on Thursday follows similar actions by Robinhood Markets and Interactive Brokers Group Inc. An E*Trade representative declined to comment.

©2021 Bloomberg L.P.

Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
GET REGULAR UPDATES