Many Robinhood users are wondering how to buy and sell GME and AMC stocks on weekends. Some are trading for the first time on the app, and so aren’t sure whether the iOS and Android app lets users interact with the stock market on Saturday and/or Sunday. With the current ongoing drama around stocks, it’s understandable why so many people would be eager to continue trading. So, “Does Robinhood let you buy and sell on weekends?” Here’s the answer.
Does Robinhood let you buy and sell GME and AMC stocks on the weekend?
Robinhood does not let users buy and sell GME and AMC stocks over the weekend.
The reason Robinhood doesn’t allow buying or selling on Saturday or Sunday (as well as federal holidays) is because the New York Stock Exchange and Nasdaq are closed.
The Robinhood app does work on weekends in the sense that users can view their stocks and see the closing prices of other stocks. It’s also possible to prepare buy orders for when the stock market opens again.
With how addicting stocks can be, it’s probably for the best that weekends offer a break from the madness. There are no doubt many folks new to stocks who are now addicted to checking their phones for the latest prices. The weekend is a time to relax instead of watching graphs!
In other stocks news, GameStop stock buyers have filed a class-action lawsuit against Robinhood following the app preventing users from buying more GME.
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