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Quantum Corporation (QMCO) faces a crisis of confidence following the disclosure of significant accounting control failures, the resignation of its CEO after just five months, and the initiation of securities fraud lawsuits. The events signal deep internal issues and have caused a strongly bearish market sentiment.
Mizuho lowered its price target for Primo Brands (PRMB) to $28 from $35, citing weak retail sales. In response, the company boosted its share repurchase program by $50 million, creating a tense dynamic between analyst outlook and corporate strategy.