SK Square is trading 9.2% down today at KRW 1,109,000 as the recent AI-driven rally cools and investors reassess stretched valuations.
- The move follows a sharp multi-week surge fueled by SK hynix’s AI-memory growth and speculation surrounding a potential Nasdaq listing.
- Weakness persists from July 24, 2026, as sentiment shifts away from high-cost AI investment plays despite no new company-specific disclosures.
- The current price action suggests ongoing profit-taking as the market recalibrates after a period of aggressive gains.