COHH is trading at $4.98 (-19.68%) as the semiconductor and AI sectors face a significant selloff driven by concerns over infrastructure spending and increased Chinese chip competition.
- As a leveraged long ETF, COHH is experiencing amplified downside volatility following the tech sector's downturn that began in late July.
- Market sentiment is further pressured by escalating Middle East tensions and rising oil prices, leading to a broader shift away from risk-heavy semiconductor assets.