“Thursday's First Moves: AEO, M & COO Sell Off After Earnings”
COO stock is underperforming due to failed surgical division spin-off, revenue miss, and weak margin guidance.
very interesting what about Cooper companies this has been a big Lagard. I saw it early this morning in the early active movers to the downside.
>> So looking at it right now, it's down about 17.5% or $11. So this is for those who don't know, this is a business that is in the medical device space. Uh they have surgical systems, but also vision.
And uh I'll talk about their their uh their spin-off or what they anticipated to be a spin-off which didn't manifest. And I think that's also probably part of the problem here.