FLKR is trading at $58.20, up 3.38% from the August 18 close of $56.30, suggesting a sharp rebound after the prior session’s 7.54% selloff, primarily reflecting short-term bargain buying or pricing dislocation rather than fresh bullish regional news.
- Overnight, South Korea’s KOSPI fell roughly 6%, while Samsung Electronics and SK Hynix dropped about 7% amid a semiconductor rout.
- U.S.-Iran tensions, rising oil prices, elevated Treasury yields, and uncertainty ahead of the FOMC minutes continue to create volatility.