🟢 2x Long COHR ETF (COHH) is trading 6.06% up after Bernstein’s Outperform initiation

COHH is trading at $7.18, up +6.06%, as COHR’s October 1 rally followed Bernstein’s Outperform initiation and focus on AI data-center optics.

• Bernstein highlighted Coherent’s AI data-center optics opportunity, including its PhotonLink platform.
• COHH provides 2x daily exposure to Coherent (COHR), which can amplify sharp moves in the underlying stock.
• Weaker-than-expected September payrolls, falling Treasury yields, and a risk-on market response likely added to the move.