COHH is trading at $3.66, up 7.02%, with no COHR-specific catalyst established for the pre-market rise. - COHH seeks 2× daily exposure to Coherent (COHR), tying its move primarily to that stock rather than the broad tech index. - COHR fell 7.06% on October 16 amid an AI-optics selloff and financing concerns across AI infrastructure. - U.S. futures were higher as investors cautiously returned to technology shares, but this does not establish a COHR-specific catalyst.