TokenPost·
Elice Group Drops 32% in South Korean IPO Debut as AI Shares Weaken
8 outlets reporting
-32%
IPO debut drop
The company raised about $151 million, while CoreWeave fell 4% in U.S. premarket trading on Oct. 20.
Also covered by 7 outlets
- Cryptopolitan ↗Elice shares plunge 30% on KOSDAQ debut as AI valuations cool
- TokenPost ↗Elice Shares Fall as Much as 32.6% in KOSDAQ Trading Debut
- CoinDesk ↗South Korean IPO plunge deepens AI market jitters as brent tops $111
- Crypto Briefing ↗South Korean IPO flop marks latest disappointment for global AI trade
- Crypto Briefing ↗Elice’s disappointing IPO sparks debate on AI valuations
- BeInCrypto ↗Korean AI Cloud Firm Elice Sinks 30%+ in KOSDAQ’s Biggest IPO of 2026
- TokenPost ↗Elice Shares Drop 30% in Debut as U.S. AI Cloud Stocks Diverge
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