🔴 KORU is trading 4.2% down today as South Korea's semiconductor-led rally consolidates

KORU is trading 4.2% down today as South Korea’s semiconductor-led rally consolidates following a period of extreme volatility.

• The 3x leveraged ETF is experiencing a pullback after surging more than 20% on August 04, driven by a sharp rebound in the KOSPI and major chip sector leaders.
• Profit-taking in leveraged Korea exposure hit the fund in after-hours and pre-market trading, despite broadly firm global risk sentiment.
• The move follows an extremely volatile stretch for South Korean equities, with investors now cooling on the recent semiconductor-led surge.