✉news TechnologyAI first seen 4 d ago, last 4 d ago, peak #19
South Korea's Elice shares plunge 28% in market debut
Original: South Korea's Elice shares plunge 28% in market debut as data centre stocks shunned
South Korean AI education and data centre firm Elice saw its shares fall 28% on their stock market debut in Seoul, as investors turned away from data centre-related stocks. The weak opening underlines a cooling mood around AI infrastructure plays in South Korea after a period of heavy enthusiasm.
Why now: Investors are currently reassessing and pulling back from data centre and AI infrastructure stocks, making Elice's poor debut a talking point.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/2944186