Story perspectives
Cooper Shares Surge 4% Amid Jana Partners' Call for Merger
10/20/2025
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Story summary
- Cooper Companies shares rose 4% on October 20, 2025, after Jana Partners disclosed it had acquired a stake.
- Jana Partners is urging Cooper to merge its contact lens business with rival Bausch + Lomb.
- Jana Partners is urging Cooper to improve its capital allocation strategies.
- Cooper Companies' stock has declined nearly 22% in 2025.
- Cooper recently lowered its revenue outlook due to weak demand.
