COHH is trading at $3.53, up 3.22%, with Coherent’s rebound the most direct driver of the ETF’s gain. - COHR rose in premarket trading alongside a broader AI and semiconductor bounce after last week’s selloff. - Lower Treasury yields and oil prices supported the rebound, while a JPMorgan upgrade of Intel lifted chip-sector sentiment. - COHH targets 2x COHR’s daily performance; the move appears tied to the broader tech trade, not a newly reported COHH-specific catalyst.