🔴 Korea Leveraged Equity ETF (KORU) is trading 13.49% down in pre-market despite KOSPI rally

KORU is trading at $20.36, down 13.49% in pre-market versus August 17’s close of $23.54, despite a Korean chip rally.

• KOSPI rose more than 2%, led by Samsung Electronics and SK hynix amid renewed AI-memory optimism.
• Rising U.S. Treasury yields, higher oil prices, and renewed U.S.-Iran tensions pressured risk markets, but do not explain the decline’s magnitude during the Korean equity rally.
• The quote appears disconnected or technically distorted, without a clear fundamental catalyst.