KORU is trading at $22.27, with a -6.31% move that appears ETF-specific rather than driven by Korean equities. - The KOSPI opened 1.94% higher, while Samsung Electronics and SK hynix also gained. - KORU’s divergence most likely reflects thin U.S. premarket liquidity, a temporary pricing dislocation, or trading below indicative value. - Korean shares were supported by chip gains and easing U.S.-Iran tensions, while the won weakened modestly against the dollar.