🔴 South Korea ETF (KORU) is trading 12.02% down in pre-market as KOSPI falls more than 5%

KORU is trading at $11.20, down 12.02% in pre-market, as overnight losses in U.S. technology stocks and concerns that heavy AI spending may not pay off weighed on Asian markets. - South Korea’s KOSPI fell more than 5% intraday, with semiconductor shares under pressure; trading was briefly halted by a sell-side sidecar. - Weak results and outlooks from Alphabet, Amazon, and Intel added to the tech-sector selloff, a backdrop consistent with KORU’s pre-market decline.