$KORU Plunges -7.12%: 3x Leveraged Korea ETF Sinks to Oversold Extremes as $12 Support Crumbles

📊 Market Recap

As of the October 16, 2026 close, the 'Direxion Daily MSCI South Korea Bull 3X Shares' (KORU) settled at $12.01, tumbling -7.12% on the day. The leveraged ETF now sits roughly 81% below its 52-week high of $63.99, with turnover spiking to 108.19% and the daily range an extreme 12.49% ($10.45 - $12.07), reflecting intense bearish pressure and amplified volatility in the underlying Korean equity complex.

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