🔴 Trading-Leveraged Equity ETF (COHH) is trading 16.19% down today as Coherent falls sharply pre-market

COHH is trading at $5.07 (-16.19%) on August 24, 2026, after Coherent (COHR) fell sharply in pre-market trading.

• COHR was reported at $274.70 versus a $289.52 previous close, implying roughly twice that decline for COHH’s daily leveraged exposure.
• The move is amplified by a broader semiconductor and AI-stock pullback and rising Treasury yields.
• Weaker risk sentiment tied to Iran sanctions and tariff concerns is pressuring richly valued technology shares globally.