🟢 2X Coherent ETF (COHH) is trading 3.5% up in pre-market as Coherent and optical-networking shares rebound

COHH is trading at $2.80, up 3.54%, likely reflecting a rebound in Coherent and optical-networking shares after Friday’s AI-optics selloff.

• A recent after-hours uptick was also described as tracking Coherent’s recovery.
• Broader US futures were higher as investors positioned for major technology earnings and this week’s Fed decision, while oil prices eased.
• Concern about AI infrastructure spending and customer funding remains a headwind, so the ETF-specific catalyst is unconfirmed.