By Akane Otani

Trading app Robinhood appears to have limited access to several stocks that have surged the past week from its platform.

Screenshots show some users were unable to search for stocks including GameStop Inc., Nokia Corp. and AMC Entertainment Holdings Inc., all of which have been heavily talked up on Reddit's WallStreetBets forum.

Other users reported seeing messages saying they would be able to close out their positions, but not be able to purchase additional shares of the companies.

The move comes a day after brokerages TD Ameritrade and Charles Schwab imposed restrictions (https://www.wsj.com/articles/trading-surge-strains-online-brokerages-11611692363) on trading in GameStop, AMC and other securities, citing unprecedented market conditions.

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(END) Dow Jones Newswires

01-28-21 0913ET