Robinhood Resumes Trading On Halted Stocks

GameStop, a video game retailer, saw its stock value soar due to small investors on Reddit. In response, Robinhood halted trading of these stocks, leading to criticism from users and lawmakers. Robinhood plans to allow limited purchases and will keep monitoring the situation.

What caused the recent increase in GameStop's stock value?

• A rally driven by small investors

• A new product launch

• A merger with another company

• A government bailout

Which online platform played a significant role in the GameStop rally?

• Instagram

• Reddit

• Facebook

• Twitter

What action did Robinhood initially take in response to the trading activity?

• Closed its platform temporarily

• Offered discounts on trades

• Halted activity on certain stocks

• Increased trading limits

How did Robinhood adjust its policy after halting trading?

• Allowed unlimited buys

• Increased trading fees

• Allowed limited buys

• Banned all trading

What is Robinhood's ongoing approach to the situation?

• Continuing to monitor the situation

• Ignoring the issue

• Partnering with GameStop

• Encouraging more trading