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Seoul shares plunge 5% on tech sell-off amid AI, inflation concerns
Yonhap ENLO·KR·about 9 hours ago
Several 2026 meme stocks have fallen sharply from their peaks, with Handelsbanken's Niklas Lundin attributing the moves to nervous investors positioning near exits. The pullback signals waning retail speculative momentum in AI-linked names, though the scale of the drawdown and broader market impact remain unclear.