COHH is trading at $5.57, up +3.53%, largely reflecting a rebound in Coherent shares after Monday’s pullback. - COHH seeks 2x daily exposure to Coherent (COHR), which was reported up about 1% in pre-market trading after a volatile session. - Monday’s weakness came as technology and optics shares faced rising oil and Treasury yields, proposed U.S. restrictions on Chinese AI components, and softer AI sentiment. - Tuesday’s broader tone was modestly firmer; no distinct new COHR catalyst was confirmed.