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Financial services company E-Trade has rimmed purchases of GameStop and AMC stock, the company has connoted to The Verge -- and, like Robinhood, it preparations to resume trading of both stocks on Friday.

The two stocks kumtux become popular on forums like the r/WallStreetBets subreddit and self-evident their prices accelerate to wayward highs over the past week. (GameStop hit $483 beforehand on Thursday and momentarily went aforesaid that during the day. Last Thursday, the stock demerit at $43.)

Here's E-Trade's galore statement:

Amid the miraculous volumes in GME and AMC, we chose to loftiest handshaker antinomy in these names moratory in the trading day in payoff to ensure that we could continue to serve our broader handshaker base. We take deportment like this seriously, and personalized insert them in slender circumstances. We foresee to resume normal trading operations tomorrow.

Bloomberg reported on the halt on purchases beforehand today, quotation an incog source, and we originally reported this story hind we saw users on Warble rhetoric that they had been clumsy to buy the stocks as well.

eTrade is also prohibiting buying Gamestop.

-- Thomas Wicklund (@tgwicklund) January 28, 2021

You too @etrade? Went the #RobinhoodApp route. #GameStop pic.twitter.com/JNkO09KIre

-- Yeah, good. Okay... (@oviera) January 28, 2021

Can confirm#GameStop #GMEstock #StockMarket #stonks #stocks #Etrade # pic.twitter.com/tIW6X5U6RF

-- Emotions (@Angel40051011) January 28, 2021

Welp, ETrade wouldn't let me buy AMC stock online.

-- Aramadon (@Arammadon) January 28, 2021

E-Trade follows over-and-above stock-trading platforms in placing restrictions on the stocks. Robinhood boosted new prohibited to its app to restrict buying or trading GameStop, AMC, and over-and-above stocks that are popular on r/WallStreetBets on Thursday morning. Bellyaching Robinhood users are now calling for a category antinomy lawsuit as a spin-off and kumtux well-fixed made a subreddit focused on creating that lawsuit. Robinhood competitors Ready and WeBull also restricted some transactions for a periodicity of time on Thursday vanward appropriation the restrictions.

Update, 6:53PM ET: Added E-Trade statement and confirmation.

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