Business
GameStop, AMC trades temporarily blocked on Square’s Cash App

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.
Traders were once again blocked from buying shares of GameStop Corp (NYSE: GME) and AMC Entertainment Holdings Inc (NYSE: AMC), but this time, instead of Robinhood interfering with the ability to trade, it was Square Inc (NYSE: SQ)‘s Cash App.
Square had been one of the big beneficiaries of the hubbub that was raised last week after Robinhood prohibited its app users from buying shares of AMC, GameStop, and dozens of other stocks as their prices surged during a massive ‘gamma squeeze’ that cost short-sellers billions of dollars.
The mobile trading platform’s users erupted in anger at only being allowed to sell shares,…
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