COHH is trading at $4.14, up 3.24%, likely benefiting from a broader-market rebound after Thursday’s afternoon recovery.
- No specific overnight Coherent catalyst was verified.
- Shares had recently faced pressure alongside an AI-optics selloff, leaving the leveraged ETF especially sensitive to a shift in sentiment.
- Overnight futures were mixed, while Asian technology stocks rebounded, suggesting a tentative improvement in risk appetite rather than a clear company-specific catalyst.