COHH is trading 3.9% higher at $8.57 as Coherent and the broader semiconductor sector rebound following an overnight rally in global chip stocks.
- The move follows a sharp surge in South Korea’s Kospi index and improving sentiment toward optical electronics and semiconductors.
- US equity futures are trading modestly higher, supporting a recovery in chip names after recent sector pressure.
- COHH is a 2x leveraged ETF designed to track the daily performance of Coherent Corp (COHR).