Robinhood, TD Ameritrade, other trading platforms restrict GameStop and other Reddit stock picks

Retail stockbrokers placed restrictions on Wednesday on trading of GameStop, AMC Entertainment Holdings and other securities as the companies have become the center of a frenzy that has driven triple-digit spikes in their stock prices in recent days.

TD Ameritrade said it placed restrictions on certain types of trading activity on the companies “in the interest of mitigating risk for our company and clients.”

By Chicago Tribune