COHH is trading at $8.01, down 4.76% as pre-market weakness reflects cautious risk sentiment surrounding new U.S. tariffs and technology-sector pressure.

  • New U.S. tariffs of 10%–12.5% on major trading partners and elevated geopolitical tensions are weighing on growth-oriented and leveraged products.
  • The decline follows recent earnings from Alphabet and Tesla, which have increased pressure on the broader technology sector.
  • The ETF is extending recent volatility after a sharp jump earlier in the week, falling from its July 23, 2026 close of $8.41.