KORU, a 3x leveraged South Korea equity ETF tied to the MSCI Korea 25/50 Index, is bouncing after an extreme selloff in Korean stocks. Following a more than 7% intraday plunge in the Kospi driven by a sharp rout in technology heavyweights like Samsung Electronics and SK Hynix, the index appears to be stabilizing and partially retracing, producing an amplified rebound in this highly leveraged product.