On Monday, shares of Primo Brands Corp (Symbol: PRMB) fell below their 200-day moving average of $29.87, trading as low as $28.93, which represents a decline of approximately 6.5% for the day. The stock’s 52-week range shows a low of $20.16 and a high of $35.845, with the last trade reported at $29.54.
This decline in stock value highlights a significant shift for Primo Brands Corp, as it moves below a critical technical benchmark.