COHH is trading at $8.82 (up 7%) in pre-market as tech futures stabilize following an overdone selloff.
- The move follows a sharp 11.7% decline in the prior session, which was driven by a broad tech rout and escalating US–Iran tensions near the Strait of Hormuz.
- Nasdaq-100 futures are trading modestly higher overnight, providing a lift to high-beta tech exposure despite fragile global risk sentiment.
- The rebound remains tempered by ongoing geopolitical uncertainty and persistent inflation concerns that continue to weigh on the broader market.