FLKR is trading at $49.55, down 6.17%, as South Korean chip losses deepen amid concerns over AI investment sustainability and Fed rate hikes.

  • KOSPI plunged more than 7%; Samsung Electronics and SK Hynix fell sharply, with Chinese memory-chip competition adding pressure.
  • September U.S. CPI rose 3.7% year over year, above 3.6% expected, renewing rate concerns and weighing on tech shares.
  • FLKR had fallen for five consecutive sessions through October 14; the pre-market quote reflects further weakness.