Direxion Daily South Korea Bull 3X Shares is trading 6.8% down in after-hours trading as the ETF gives back gains from its sharp June 8 rebound amid continued volatility in South Korean equities.
- The move follows extreme market swings, including a Black Monday circuit breaker in the KOSPI on June 8 and a subsequent snapback rally.
- Leveraged positioning is magnifying price fluctuations as investor sentiment normalizes following the recent recovery.