On June 26, SK Telecom fell 5.51% in pre-market trading, trading at $32.03/share, with turnover of $23,700.

On the news front, the company disclosed a capital contribution commitment agreement to invest KRW738.4 billion in SK Hynix's US-incorporated NAND subsidiary SKHNPS, acquiring 1,198 newly issued shares representing a 0.9% stake, with the acquisition scheduled to close on June 25, 2030. The announcement weighed on both entities, with SK Hynix shares falling over 9% in Korean trading.

The decline extends a persistent pullback that began on June 4 after Anthropic IPO concept speculation faded. Although SK Telecom's June 25 agreement with KG Steel and KONEX to deploy its proprietary AI foundation model AX K1 in factory production lines briefly lifted shares over 5% intraday, the stock reversed to close lower, failing to arrest the downtrend. Prior gains from the June 2 Anthropic-driven rally of over 19% have been fully retraced, indicating the market is repricing the stock on fundamentals rather than speculative AI exposure.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)