Samsung SDI is trading 4.7% down at KRW 445,000 as investors take profits following an 11.5% short-covering and technical rebound in recent sessions.
- The pullback follows a significant rally where the stock saw double-digit gains driven by short-covering activity.
- Broader sentiment is weighed down by global technology sector weakness, fueled by concerns over heavy AI-related capital expenditures.
- Investors are also reacting to pressured free cash flow at major tech firms, triggering a wider sell-off across the industry.