🔴 Korea leveraged equity ETF (KORU) is trading 2.52% down in after-hours trading after profit-taking

KORU is trading at $20.90 (-2.52%) in after-hours trading, likely reflecting profit-taking after its 4.49% August 27 regular-session gain.

• The gain followed a sharp Nvidia-driven rally in South Korean technology shares.
• Nvidia’s strong results lifted Korean semiconductor stocks, but the Bank of Korea’s second consecutive rate hike to 3% limited KOSPI gains.
• Weaker after-hours performance in Marvell added semiconductor-sector pressure.