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 event caused the values of certain companies, including GameStop, to soar this week?

What role did small investors on Reddit play in the recent rally of GameStop's stock?

What action did Robinhood take regarding trading on these companies?

How did users and lawmakers react to Robinhood's decision to halt trading?

What does Robinhood plan to do moving forward regarding the trading of these securities?