EWY is trading 10.6% down in pre-market action on June 23, 2026, following a rare double-digit decline in South Korea's stock market overnight.
- A steep reversal in the technology sector and profit-taking after a powerful AI-driven rally triggered broad selling across Korean equities.
- The drop follows a period where the KOSPI was among 2026’s best-performing markets, leaving valuations stretched and vulnerable to a sharp correction.