Money Monday: What To Know About 'Robinhood' & GameStop Stocks

News On 6 is continuing to follow the stock market after Reddit users from the page Wall Street Bets drove up GameStop's stock price last week, causing hedge fund investors to lose hundreds of thousands of dollars.

Now, online brokerage Robinhood is only allowing users to buy one share of Game-Stop's stock.

If a customer already owns one or more shares of Game Stop, they will not be able to buy more.

Robinhood is facing several class-action lawsuits for restricting trading last week.

Financial expert Paul Hood from Hood CPAs helps us understand what exactly is happening.