How Reddit’s traders are block. A group of Reddit users from Wallstreetbets band together in effort to drive up the stock prices of companies like Gamestop and BlackBerry. It causes that Robinhood added new boundaries to its users. Robinhood restricts users from buying or trading any of Reddit Wallstreet bets stocks.
This company found recent volability in the market as reasoning behind the change. The company is going to monitor the markets. And in light volability, it is going to restrict transactions.
Robinhood is a popular stock market application that allows amateur traders to purchase those stock.