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Big Tech Bites Back: Robinhood Suspends Trading, Discord Bans ‘WallStreetBets’ Over GameStock Surge

Emily Zanotti
Big Tech Bites Back: Robinhood Suspends Trading, Discord Bans ‘WallStreetBets’ Over GameStock Surge
Justin Sullivan/Getty Images

Robinhood, the free stock trading app that Reddit traders used to buy shares of GameStop, resulting in an intense stock surge, has banned trading the retailer’s shares, as well as shares of several other companies targeted by r/WallStreetBets, halting GameStop’s meteoric rise.

Discord, an independent VoIP and instant messaging service largely used by gamers, also banned members of r/WallStreetBets for “hate speech” after the group migrated to Discord servers following a brief Reddit outage.

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