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Elice's Disastrous IPO: Shares Plunge 30% Amid Cooling AI Valuations

Elice's Disastrous IPO: Shares Plunge 30% Amid Cooling AI Valuations

Data-Center Firm Elice Plunges 32% in Debut After Korea IPO
Data-Center Firm Elice Plunges 32% in Debut After Korea IPO

Data-center infrastructure company Elice Inc. plunged in its trading debut on South Korea’s tech-heavy Kosdaq market after raising 201 billion won ($151 million) in the bourse’s biggest initial...

South Korean data centre firm Elice shares plunge in IPO debut
South Korean data centre firm Elice shares plunge in IPO debut

South Korean data centre firm Elice plunges on Kosdaq debut after raising 201 billion won in the market's biggest IPO of 2026.

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

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...

Elice Slides in Korea Debut Amid Caution Toward AI Stocks
Elice Slides in Korea Debut Amid Caution Toward AI Stocks

South Korean data-center startup Elice’s shares fell as much as 36% in afternoon trading, signaling investor caution toward artificial-intelligence stocks.

Data centre builder tumbles on trading debut
Data centre builder tumbles on trading debut

Elice shares sink more than 30% in Seoul, adding to rising concern about AI valuations

Nasdaq falls as Elice IPO flop rattles AI stocks
Nasdaq falls as Elice IPO flop rattles AI stocks

US stocks opened lower after data centre company Elice plunged in its debut in Korea, halting a brief recovery for AI-related companies.

South Korean cloud provider Elice goes public on Kosdaq
South Korean cloud provider Elice goes public on Kosdaq

Company raises $150 million, but share price drops sharply overnight

Elice stock plunged 32% in Seoul debut, and CoreWeave stock is falling in premarket trading
Elice stock plunged 32% in Seoul debut, and CoreWeave stock is falling in premarket trading

Shares of Nebius and Iren dropped about 5% before the bell as South Korea's KOSPI index fell 3.73% on Tuesday

Korea Data Center IPO to Test AI Investor Resolve After Tumult
Korea Data Center IPO to Test AI Investor Resolve After Tumult

Data-center infrastructure company Elice Inc. is poised to debut on South Korea’s tech-heavy Kosdaq market Tuesday, testing AI investors’ nerves after peer Firmus canceled its high-profile listing...

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