Samsung SDI is trading about 5% down today at KRW 443,500 as investors take profits following an 11.5% short-covering rebound in recent sessions.
- The pullback follows a sharp recovery, with market participants locking in gains after the recent double-digit bounce.
- Sentiment is further dampened by a broader sell-off in global technology shares, which is impacting battery and EV-linked stocks.
- Investor concerns regarding heavy AI-related capital expenditures at major tech firms like Alphabet are adding pressure to the wider high-growth sector.