🟢 Coherent 2x Leveraged ETF (COHH) is trading 6.31% up amid AI optimism after Anthropic IPO filing

COHH is trading at $3.20, up 6.31%, as strength in Coherent (COHR) supports the ETF.

• COHH targets 2x Coherent’s daily move, so continued strength can amplify ETF gains. StoneX initiated coverage on October 26 with a Buy rating and $425 price target, citing planned indium-phosphide capacity expansion.
• Following Anthropic’s IPO filing, broader AI-infrastructure optimism lifted semiconductor and optical-networking shares on October 26; sector momentum may carry into the October 27 session.