Why is CooperCompanies Stock Down 15% Today?
Cooper won't sell its Surgical arm, and it was forced to cut forward guidance. Wall Street didn't like that.
Overview
Cooper Companies Inc (NASDAQ: COO) shares fell roughly 13.9% as of 2:12 a.m. ET on Sept. 10, 2026, after the company's earnings report disappointed Wall Street with weak guidance and a decision to not sell CooperSurgical.
The S&P 500 and the Nasdaq Composite were both down 0.6%.
Details
Cooper, a medical-device company, released its Q3 numbers yesterday, reporting adjusted earnings of $1.15 per share. While that beat estimates, it missed estimates on its top-line, reporting $1.07 billion in sales.
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.