🔴 Leveraged Coherent ETF (COHH) is trading 26.38% down as investors question AI infrastructure spending returns

COHH is trading at $2.55, down 26.38%, as AI-related technology stocks sold off amid questions over whether massive infrastructure spending will produce adequate returns.

• Disappointing results and spending outlooks from major technology companies added pressure to the sector.
• Coherent (COHR) fell 6.42% overnight; COHH’s 2× daily exposure likely magnified the pressure, while the broader tech selloff also weighed on AI-linked shares.