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Elice shares plunge 30% on KOSDAQ debut as AI valuations cool

Elice shares plunge 30% on KOSDAQ debut as AI valuations cool

Photo: Cryptopolitan

Elice Group, a South Korean AI infrastructure firm, saw its stocks drop by 28% on its KOSDAQ debut on October 20, 2026, despite having a solid IPO and a successful first half. Investors are worrying about the future of AI data-center valuations and the impact this is going to have on the market. A debut...

Source: Cryptopolitan

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