GameStop Craze!
What happened to GameStop’s stock was the first of it’s kind (probably), but it won’t be the last. Robinhood brought stock market investment to the masses, and we are grateful for that. However preventing their customers from purchasing certain stocks put us the commoners or retail investors in a disadvantageous position. Following the restrictions, Robinhood in a blog post shed some light on the rational behind the action, which was to control their risk and satisfy thresholds required by the clearinghouse.