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KORU ETF plunges nearly 15% on chip stock selloff

in5points
  1. Direxion Daily South Korea Bull 3X Shares (KORU) is plunging nearly 15% overnight.

  2. The decline is driven by a sharp selloff in chip stocks globally.

  3. South Korean chip stocks are among those affected by the global selloff.

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KORU ETF plunges nearly 15% on chip stock selloff · in5points