Brokerages limit trading in GameStop, sparking outcry

FILE - This Dec. 17, 2020 file photo shows the logo for the Robinhood app on a smartphone in New York. The online trading platform Robinhood is moving to restrict trading in GameStop and other stocks that have soared recently due to rabid buying by smaller investors. (AP Photo/Patrick Sison)

Robinhood and other retail brokerages are taking steps to tamp down the speculative frenzy surrounding companies such as GameStop, but the actions only sparked more volatility in the market and an outcry from users of the platforms and some members of Congress who say small investors are being treated unfairly.

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