🔴 Trading-Leveraged Equity ETF (COHH) is trading 10.25% down in pre-market amid weakness in leveraged Coherent exposure

COHH is trading at $5.43 (-10.25%) in pre-market on August 24, 2026, amid weakness in its leveraged Coherent (COHR) exposure.

• COHR was reported at $274.70 pre-market versus a $289.52 previous close, an approximately 5.1% decline that would translate to roughly a 10% two-times daily move.
• Nasdaq futures are down 0.78% as Treasury-yield pressure weighs on technology stocks.
• Recent semiconductor selling has further pressured AI-linked chip names and technology shares.