APPLE INSIDER

A new petition is calling on Apple to remove Robinhood from the App Store after the service froze trades of GameStop and other stocks backed by Redditors.

Credit: RobinhoodCredit: Robinhood

In January 2021, users on the WallStreetBets subreddit drove a handful of stocks, which were shorted by hedge funds, to unusually high prices. Amid the chaos, Robinhood and other trading services blocked trades of those stocks, citing “volatility.”

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Source: APPLE INSIDER