🔴 South Korea ETF (KORU) is trading 10.4% down after Samsung results slightly miss expectations

KORU is trading at $12.35, down 10.38% as South Korea’s KOSPI reversed early gains after Samsung’s third-quarter results slightly missed expectations.

• Investors were also disappointed by the lack of an update to Samsung’s shareholder-return plan; Samsung shares fell 4.13%, weighing on the Korea-focused market.
• The decline followed a 6.61% KOSPI surge the previous session, adding potential reversal pressure. KORU’s leveraged exposure magnifies daily moves in Korean equities, so market-wide weakness—not just one stock—can drive a sharp ETF decline.