The Cooper Companies (NASDAQ: COO) Scrutinized Over U.S. Channel Inventory Reductions Driving Stock Sharply Lower -- HBSS
Shareholder rights firm Hagens Berman has opened an investigation into The Cooper Companies (NASDAQ: COO) over whether the company was sufficiently transparent about its CooperVision sales practices before a sharp share-price decline. COO fell 14.6% on September 10, 2026, erasing over $1.7 billion of market value, after Q3 results revealed U.S. channel inventory destocking at CooperVision and revenue guidance of $692 million to $706 million, down 2% to flat organically; CEO Albert White III said the entire guidance reduction was tied to channel inventory.
Key figures
- Stock drop pct
- -14.6%
- Stock drop usd
- $9.31
- Market cap lost
- $1.7 billion
- Closing price 52wk low
- $54.17
- Coopervision revenue guide
- $692 million to $706 million
- Share price move after q2 call
- almost 8% higher
- Coopervision pct of fy2025 sales
- roughly 67%
- Coopervision organic growth guide
- down 2% to flat organically
AI analysis
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