🔴 KORU is trading 8.8% down today after sharp post-split volatility

KORU is trading 8.8% down today as it continues to digest an extreme price reset tied to its leveraged structure and recent reverse split dynamics.

• The Direxion Daily MSCI South Korea Bull 3X ETF saw a significant technical adjustment, with yesterday’s close dropping from $481.34 to $21.87.
• The move reflects ongoing volatility in South Korean equities combined with mechanical effects from the fund's 3x leveraged structure and path-dependency.
• There is no single discrete news catalyst; the decline is primarily driven by technical factors and broader market sentiment in the region.