COHH is trading 3.9% higher today amid a modest tech rebound and short-covering following a sharp multi-day sell-off in semiconductor and AI-related names.
- Broader risk sentiment is stabilizing despite recent global tech volatility and geopolitical tensions.
- The move appears to be a technical rebound for the 2x leveraged ETF on Coherent (COHR) rather than a result of a specific company-specific news catalyst.