SK Telecom is trading at $31.75, up 4.08%, after reports that Anthropic had begun IPO preparations, drawing attention to SK Telecom’s early-investor stake.
- The report says SK Telecom invested $100 million in 2023; any eventual revaluation depends on IPO valuation and conditions.
- Separately, Eugene Investment & Securities upgraded the stock to Buy and raised its target price from 94,000 won to 135,700 won.
- Trading-volume details were unavailable.