🔴 Leveraged Coherent ETF (COHH) is trading 6.58% down in pre-market as CPI revives rate concerns

COHH is trading at $4.13 with a -6.58% change as hotter-than-expected September CPI, at 3.7% year over year, revived concerns about higher rates and pressured growth and technology stocks.

• The tech-led selloff deepened overnight across Asia as semiconductor shares fell and Nasdaq futures weakened.
• Supplied news context links COHH’s move to Coherent’s 7.6% decline amid pressure on optical-networking and semiconductor shares.