MKOR is trading sharply lower in pre-market at $57.95, down 5.65% from the previous close, as part of a broader reversal in recently strong South Korea-focused ETFs.
- Traders appear to be taking profits and reducing risk exposure after a powerful run that saw Korea equity benchmarks hit new highs.
- The downward pressure is being driven by weaker U.S. futures and rising global geopolitical and trade tensions.