🟢 2X Coherent ETF (COHH) is trading 3% up as Coherent shares rebound after AI-optics selloff

COHH is trading at $2.75, up 3.00%, likely supported by a modest premarket rebound in Coherent shares after Thursday’s sharp AI-optics selloff.

• COHH targets 2x COHR’s daily move.
• The rebound follows tech-sector pressure from doubts about AI spending; higher oil prices kept broader market sentiment cautious.
• COHH fell 25.42% on October 22, so today’s gain may also reflect a bounce after that decline.