Meme stock trading threat sees new NZX alert launched
NZRegCo says three situations have occurred in last five years where it would have contemplated its new alert tool.
Illustration: Michael Hickmott.
Stockmarket regulator NZ RegCo is introducing a new “trade with caution” alert to help mitigate the impact of retail investor and “meme stock” share price volatility.
A note to issuers yesterday said the new alert would be effective shortly, and followed a review of NZ RegCo’s tools and
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