SK Telecom Co Ltd is trading 10.3% down today at $40.40 following reports that it is finalizing the sale of up to a 49% stake in a key AI data center asset.
- The sharp pullback follows a strong late-May rally and appears tied to investor concern over the structure and strategic implications of the large asset sale.
- Market participants are weighing the impact of divesting a significant portion of a core AI infrastructure asset against the company's long-term growth strategy.
- The decline stands out as broader markets remain mixed, highlighting company-specific pressure following the news.