🔴 SK Telecom is trading 4.3% down today amid an Asian tech sell-off and rate concerns

SK Telecom is trading 4.3% down at $32.80 on October 15 amid a broad technology sell-off.

• Reuters reported South Korea’s KOSPI fell 8% as chipmakers tracked Wall Street technology losses after sticky U.S. inflation raised expectations of further rate hikes.
• SK Telecom clarified it has no concrete plan for the reported additional 5 GW of overseas AI data-center capacity; that news predates the session and does not clearly explain the live decline.