🟢 2x Long COHR ETF (COHH) is trading 12.4% up today ahead of Coherent’s fiscal fourth-quarter results

COHH is trading at $9.17 (+12.37%) as traders position ahead of Coherent’s fiscal fourth-quarter results after the August 12, 2026 close.

• Consensus expects approximately $1.62 adjusted EPS and $1.98 billion revenue.
• Strong AI datacenter demand and a broader optical-components rally support the underlying stock, while firmer technology-sector sentiment adds momentum; COHH’s roughly 2x daily exposure magnifies Coherent’s move.