KORU is trading at $20.12, up 12.78% from the August 18 close of $17.84, indicating a sharp rebound after Tuesday’s 24.21% decline and most likely reflecting technical short-covering rather than improving fundamentals.

  • Overnight Korean-market developments were broadly negative: the KOSPI plunged roughly 5–7%, while Samsung Electronics and SK hynix fell heavily; a sell-side sidecar was triggered.
  • Rising global bond yields, U.S. chip losses, and Middle East tensions remain bearish catalysts.