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Robinhood to reopen GameStop buying after US$1 billion raise


It’s been a wild week at Robinhood.

On Thursday, the company announced it will start allowing customers to buy GameStop shares on Friday.

Robinhood halted buying for several stocks — including GameStop, AMC, BlackBerry, and Nokia — on Wednesday, citing high volatility. Notably, these are the stocks that have gotten in the crosshairs of Reddit investor group r/wallstreetbets, who are buying them en masse and betting against massive hedge funds that have been relentlessly shorting…

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