Primo boosted by BlueTriton’s sales, saddled with BlueTriton’s burdens. Water Sector LTP initiated coverage of Primo Brands Corporation (NYSE:PRMB) on 9/22/25 when the stock price was $22.26. Since PRMB’s one-year high, at $35.63 on 4/3/25, the stock has fallen by 38%, to $21.95 on 10/7/25. Is this a dip-buying opportunity? To answer that question, we must examine the company’s big merger less than a year ago. In November 2024, Tampa-based Primo Water and Stamford-based