COHH is trading at $4.76 (+16.00%) as tech and semiconductor sentiment rebounds following a sharp sector-wide selloff.
- The COHH ETF provides 2x leveraged exposure to Coherent (COHR), amplifying moves tied to semiconductor and technology growth names.
- The recovery is supported by firmer Nasdaq futures and renewed risk appetite as investors buy back beaten-down stocks following the recent AI-spending and chip rout.
- Broader market strength is reinforcing the bounce, helping the leveraged instrument recoup losses from the prior session.