COHH is trading at $8.43, down about 6% today, tracking the decline in its underlying stock, Coherent Corp. (COHR), as broader markets face pressure.
- The 2x leveraged ETF is experiencing amplified downside as major indices trade lower amid rising geopolitical tensions and a shift toward risk-off sentiment.
- With no ETF-specific news reported, the fund's performance remains tied to the weakness in COHR, its sole effective holding.