🟢 SK Telecom Co Ltd is trading 4.47% up today following its SK Broadband buyout and an HSBC rating upgrade

SK Telecom Co Ltd is trading at $46.41 (+4.47%) as investors react to the completed SK Broadband full buyout and a positive rating shift from HSBC.

• The full acquisition of SK Broadband is expected to simplify the group's corporate structure and enhance overall cash-flow management.
• HSBC upgraded the stock from Reduce to Hold with a price target of KRW 79,000, further fueling a rally that began on June 1, 2026.
• Shares continue to trade with elevated momentum amid a broader market environment that remains mildly risk-on.