Why is Amkor Technology stock crashing today? - Investing.com

As Mashable and our colleagues at PCMag just reported, Grand Theft Auto VI leakers Cyberleek have seemingly abandoned their threats to leak a full build of the game – at least for now. Why? Because the leakers had claimed that the release of the leaked build was tied to their memecoin. If GTA 6 fans pumped Cyberleek's cryptocurrency, they would receive the leaked game build as a reward. That play failed spectacularly for Cyberleek. In fact, it seems to have fully backfired. The Cyberleek memecoin's market cap hit a high of $7.8 million on October 11, shortly after the leakers claimed they would release the full build of GTA 6 supposedly in their possession. The catch? The Cyberleek memecoin had to hit a market cap of $30 million first.

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Shares of Amkor Technology (AMKR) have closed lower in each of the last 9 sessions, a cumulative decline of 21.4%. That erased about $3.0 billion from the company’s market value, which now stands at about $10.9 billion. The stock closed at $44.05 on Thursday, October 15, 52.8% below its 52-week high of $93.38 and 46.9% above its low of $29.98. Returns for AMKR and the S&P 500 over the streak and the periods around it, all ending Thursday, October 15 and including dividends: