🔴 KORU is trading 10.4% down today as South Korean equities weaken and tech sentiment sours

KORU is trading at $743.16 (-10.36%) in pre-market as South Korean equities weaken sharply, reversing the prior session’s chip-led rebound.

• The 3x leveraged ETF is seeing outsized losses due to its high sensitivity to overnight moves in the KOSPI and shifting sentiment around semiconductors and AI-linked names.
• Broader pressure from a decline in Nasdaq-100 futures is weighing on risk assets and growth-linked sectors tied to the South Korean tech supply chain.