COHH is trading 3.4% up today, building on a sharp regular-session rally driven by its 2x leveraged exposure to Coherent (COHR) and positive sentiment in the semiconductor sector.
- The move follows a sector-wide rebound in technology and chip stocks after recent selloffs, fueled by strong big-tech earnings, including Microsoft.
- Cooling inflation data has further boosted investor risk appetite for growth and AI-linked stocks, supporting the ETF's upward momentum.