Samsung Pulls Plug on Galaxy Note 7, Sends South Korea ETF Falling
October 11, 2016 at 16:28 PM EDT
South Korea country-specific exchange traded funds plunged after electronics giant Samsung Corp. discontinued the troubled Galaxy Note 7 smartphone. On Tuesday, the iShares MSCI South Korea Capped ETF (NYSEArca: EWY) fell 3.7% as Samsung Corporation shares declined 7.5%. Samsung is the largest...