🔴 Direxion Daily South Korea Bull 3X Shares is trading 6.1% down today as fading bargain-hunting and semiconductor volatility extend a multi-day drawdown

Direxion Daily South Korea Bull 3X Shares is trading 6.1% down in after-hours trading as the brief rebound following South Korea’s Black Monday crash loses momentum.

• The move extends a severe multi-day drawdown for the leveraged fund, which previously experienced a 40%+ plunge on June 5 and triggered circuit breakers during the June 8 selloff.
• Selling pressure is being driven by continued volatility in the Korean semiconductor sector alongside a global risk-off shift tied to higher U.S. inflation data and a broad repricing of the AI sector.