🔴 KORU is trading 10.08% down today as South Korea’s KOSPI falls on AI-profitability concerns

KORU is trading at $10.97, down 10.08%, as South Korean equities decline amid concerns about AI-industry profitability.

• South Korea’s KOSPI fell more than 2% early October 20 as AI-industry profitability concerns weighed on sentiment.
• South Korean AI firm Elice plunged 30% in its market debut, adding pressure to the sector.
• KORU’s leveraged exposure to South Korean equities leaves it sensitive to broad market moves; no KORU-specific catalyst was found.