Trading app Robinhood accused of AUTOMATICALLY SELLING users’ shares after banning GameStop stock – reports ...News

After forbidding its users from buying several volatile stocks, including shares in GameStop, trading app Robinhood was allegedly caught selling its users’ stocks against their will, and in doing so hammering down their value. Twitter users on Thursday reported seeing their GameStop shares sold and their positions closed, with Robinhood justifying the sale due to “unreasonable risk.”  Robinhood literally closing out positions against the user's will in $GME.I'm sure they have something in their ToS about this, but wow. pic.twitter.com/M0juagPLfB— Joe McCann (@joemccann) January 28, 2021 Traders who attempted to canc

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