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E-Trade won’t let you buy GameStop and AMC stock either, reports now say

E-Trade won’t let you buy GameStop and AMC stock either, reports now say
Morgan Stanley Acquires E*Trade
Photo by Justin Sullivan / Getty Images

Financial services company E-Trade has restricted purchases of GameStop and AMC stock, a source tells Bloomberg. The two stocks have become popular on forums like the r/WallStreetBets subreddit and seen their prices skyrocket to unprecedented highs over the past week. (GameStop hit $483 earlier on Thursday and briefly went above that during the day. Last Thursday, the stock closed at $43.)

We’ve seen users on Twitter report that they have been unable to buy the stocks as well.

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