According to an announcement from Cash App, its clearing broker, Axos, halted the app’s ability to complete purchases of stocks for GameStop (NYSE:GME), AMC Entertainment (NYSE:AMC), Nokia (NYSE:NOK) and Koss Corporation — at least four of the stocks pushed by retail investors on the r/Wallstreetbets subreddit in their fight against hedge funds’ shorts. However, the app later tweeted that the broker has restored trading for AMC and Nokia.
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Source: Cryptocurrency - investing.com
