FLKR is trading at $52.96 (-5.11%) as South Korean semiconductor weakness weighs on the fund.
- South Korea’s KOSPI fell 4.6%, led by sharp declines in SK Hynix and Samsung Electronics.
- Investors are questioning whether massive AI infrastructure spending can generate sufficient returns.
- Overnight U.S. technology weakness spread into Asian chipmakers; Nasdaq futures fell 0.52%, while regulatory concerns around leveraged products added pressure to South Korean risk sentiment.