COHH is trading at $8.28 (+16.95%) as the 2x daily leveraged ETF tracks a rebound in Coherent Corp. (COHR) amid broader tech sector strength.

  • The jump appears to be a price-action follow-through following recent volatility in COHR-linked trading rather than a fund-specific catalyst.
  • Broader risk-on sentiment is supporting the gains, with U.S. equities and Nasdaq futures trending higher in premarket action.