🔴 2x Long COHR Daily ETF (COHH) is trading 3.2% down in pre-market despite COHR gains

COHH is trading 3.2% down in pre-market, likely reflecting an illiquid or indicative quote rather than a fresh negative catalyst for Coherent (COHR).

• COHH targets 200% of COHR’s daily performance.
• COHR was trading 0.53% higher pre-market on September 9 after gaining 7.10% during the September 8 session.
• The broader market is modestly weaker amid elevated oil prices, firmer yields, and Middle East-related risk, but those factors do not explain COHH’s larger decline; the move follows COHH’s sharp recent rally.