🔴 SKHX is trading 5% down on October 20 as AI-stock selloff deepens

SKHX is trading at $9.27, down 4.93%, amid AI-sector weakness; evidence supports sector sentiment, not a direct company-specific catalyst.

• SKHX is a 2× daily leveraged ETF tied to SK Hynix, magnifying daily moves in the stock.
• South Korea’s KOSPI fell 4% on October 20; Samsung and SK Hynix declined as the AI-stock selloff deepened.
• Coverage cited investor reassessment of AI valuations and AI cloud firm Elice’s sharp debut-day drop; no SKHX-specific announcement was identified.