KORU is trading at $10.77, down -21.96%, as South Korean equities sell off. - The KOSPI fell 8.02% intraday and triggered a circuit breaker. Chipmakers were hit amid concerns about sticky U.S. inflation, possible Federal Reserve rate hikes, and AI investment risks. - KORU seeks 300% of the MSCI Korea 25/50 Index’s daily performance, magnifying the downturn’s impact. - No clear company-specific catalyst was identified; the move is consistent with broader Korean equity and technology weakness.