Data-Center Firm Elice Plunges 32% in Debut After Korea IPO
THE SO WHAT
A 32% drop on day one for a data-center IPO after raising ₩201B shows public markets are no longer blindly rewarding anything labeled “AI infrastructure.” If you’re building or buying into data-center capacity, assume investors will scrutinize contract quality, utilization, and power economics—not just “AI demand” narratives.
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