COHH is trading 5.8% higher in pre-market as Coherent Corp (COHR) rebounds alongside technology shares and AI beneficiaries following last week’s selloff.

  • The fund, which provides 2x leveraged exposure to the daily moves of Coherent, is gaining as sentiment improves toward semiconductors and AI hardware.
  • Broader strength in Nasdaq futures and investor focus on upcoming Big Tech earnings are providing additional support for tech-focused names like Coherent.