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Shares of the Cooper Companies Inc. rose $2.01, or 2.8 percent, to close at $74.16 Wednesday, after a Wells Fargo analyst said the financial impact of the recall would be small. The company's stock fell 8 percent in trading the previous day. Wells Fargo's Larry Biegelsen said in a note that Avaira Toric lenses made up 1 percent of the company's sales last year, adding that the company is not aware of any permanent eye or vision damage linked to the products. CooperVision previously set aside $14 million to pay for the recall. The company plans to relaunch the lenses later this year after the FDA signs off on manufacturing changes.
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