E*Trade Restricts Purchases of GameStop, AMC Shares – Bloomberg

The E*Trade Financial Corp. application
Photographer: Andrew Harrer/Bloomberg
Photographer: Andrew Harrer/Bloomberg

E*Trade Financial is preventing customers from purchasing shares of GameStop Corp. and AMC Entertainment Holdings Inc., according to a person familiar with the matter.

The move by Morgan Stanley’s retail brokerage on Thursday follows similar actions by Robinhood Markets and Interactive Brokers Group Inc. An E*Trade representative declined to comment.

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