On June 22, SK Telecom fell 5.3% in regular trading, trading at $34.54/share, with turnover of $50.499 million.

On the news front, the stock continues to retrace gains from its earlier AI-driven rally. SK Telecom surged over 19% on June 2 after Anthropic secretly filed its IPO prospectus, as the company drew investor attention as a key Anthropic stakeholder. However, since June 4, the stock has experienced sustained selling pressure. Although NVIDIA and SK Group announced a multi-year AI cooperation agreement on June 8, briefly lifting shares approximately 5%, buying momentum failed to sustain. The stock has now fallen below its pre-AI speculation price level, with all prior gains fully retraced, suggesting the market is repricing the investment thesis on a more rational basis.

Within the Wireless Telecommunication Services sector, the overall performance remains muted. Among peers, T-Mobile US down 0.35%, Millicom International Cellular up 1.06%, Vodafone Group down 1.89%, America Movil up 0.72%, Rogers down 1.76%, indicating a lack of effective sector-wide support.

(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.)