🟢 COHH is trading 9.9% up today on a tech rebound and short-covering ahead of megacap earnings

COHH is trading 9.9% up today as semiconductor and AI-linked stocks rebound sharply from a steep multi-day selloff.

• The move is driven by improved risk sentiment toward the technology sector and a modest bounce in growth stocks following recent volatility.
• Traders are engaging in short-covering of beaten-down chip and AI exposure while positioning ahead of key megacap earnings reports scheduled for later this week.
• As a 2x leveraged ETF tracking Coherent (COHR), the fund is experiencing amplified gains during the broader recovery in tech-linked names.