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)

Fri, 05 Apr 2024

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...

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