🔴 2x Long COHR Daily ETF (COHH) is trading 3.5% down in pre-market as oil rises

COHH is trading at $6.27 (-3.45%), weakening as higher oil prices and rising Treasury yields pressure rate-sensitive technology and AI-infrastructure shares.

• Brent crude exceeded $102 amid escalating U.S.-Iran tensions, while the 10-year Treasury yield reached 4.86% ahead of August PPI, heightening inflation and monetary-policy concerns.
• Nasdaq 100 futures were down 0.1%, reinforcing pressure on Coherent-related photonics exposure.
• The decline follows COHH’s sharp multi-session rebound, leaving the leveraged ETF vulnerable to profit-taking and overnight risk reduction.