Sentiment: Negative
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South Korean IPO Slumps 30% as CoreWeave Falls Again
By Maxwell Mutuma at 2026-10-25 04:55
Sentiment: Negative
TLDR Elice shares plunged over 30% on their South Korean IPO debut despite strong demand from retail investors. The company raised $151 million through its IPO as concerns grew over AI infrastructure spending. CoreWeave stock fell 3% in premarket trading amid rising debt and financing concerns. South Korea’s KOSPI dropped nearly 4%, with Samsung Electronics [...] The post South Korean IPO Slumps 30% as CoreWeave Falls Again appeared first on CoinCentral. Continue reading...
Categories: News
Tags: #News #Crude Oil #South Korea
Source Coin Central