NZX watchdog warns about trading in Being AI company

NZX watchdog warns about trading in Being AI company
The watchdog's alert relates to the NZX's first listing of the year. (Image: Getty)
John Anthony
New Zealand's sharemarket rule enforcer is warning investors about trading in listed company Being AI after its share price increased more than threefold since it listed at the start of the week.In a statement to the market on Friday, NZ RegCo said it urged investors and potential investors to exercise caution when dealing in the shares of Being AI.Being AI's share price has risen from 1.7 cents on Tuesday to 7.5 cents currently, an increase of 341%.On Thursday, NZ RegCo issued a price enquiry to Being AI, asking it to confirm it was no...

More Markets

NZME chief financial officer David Mackrell resigns, to join Sky TV
Markets

NZME chief financial officer David Mackrell resigns, to join Sky TV

NZME is losing one of its long-established executives as he switches to the top table at Sky Television.NZME chief financial officer David Mackrell has resigned and will join Sky as its new chief financial officer in January, the two publicly listed companies have revealed in sep...

Your mid-year investment health check
Markets

Simon Robertson: Your mid-year investment health check

What should you really be looking for from your fundie? 

Simon Robertson 05 Jul 2025
Tourism Holdings stalls as NZ sharemarket ends week on high
Markets Market Close

Tourism Holdings stalls as NZ sharemarket ends week on high

The NZ sharemarket bounced back as large-cap stocks balanced gains and losses.

Tom Raynel 04 Jul 2025