🟢 COHH is trading 3.27% up today despite a broader semiconductor and tech sell-off

COHH is trading at $6.90 (+3.27%), showing resilience and gaining ground even as the broader technology and semiconductor sectors face significant downward pressure.

• The ETF tracks 2X long Coherent (COHR), meaning its performance is primarily tied to company-specific equity volatility rather than broader market trends.
• The price action comes amid a global tech downturn driven by TSMC capex concerns, Netflix disappointment, and general risk-off sentiment affecting AI valuations and the NASDAQ.
• While the broader chip sector is selling off, no direct catalyst for COHR was identified in current results, suggesting the move is an amplification of specific stock swings.