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News  ›  GlobeNewswire Inc.

SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Primo Brands

GlobeNewswire Inc. Logo GlobeNewswire Inc. By James (Josh) Wilson
SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Primo Brands

Faruqi & Faruqi is investigating potential securities claims against Primo Brands following a merger with BlueTriton Brands that allegedly caused operational disruptions, leading to significant stock price declines and leadership changes.

Insights
PRMB   negative

Stock price dropped 9% after Q2 earnings revealing merger disruptions, and then an additional 36% after reducing financial guidance and replacing CEO, indicating significant operational and financial challenges