🟢 FLKR is trading 3.5% up today as South Korean markets rebound after a sharp sell-off

FLKR is trading 3.5% up in pre-market following a sharp 12.5% drop on June 23, as investors return to South Korean semiconductor stocks.

• Investors are selectively bargain-hunting in South Korea after the KOSPI’s nearly 10% plunge and double-digit declines in Samsung Electronics and SK Hynix.
• The previous session's decline was driven by profit-taking and a global risk-off shock affecting the broader semiconductor sector.
• Broader U.S. futures are stabilizing as the market awaits the upcoming PCE inflation report for further macro direction.