Primo Water Reaches for Some SodaStream Sparkle

Primo Water and SodaStream both went public around October of 2010. At the time we posted a note comparing them entitled: Still or Sparkling?

So far it's been sparkling by a landslide. Since their IPO at $12 Primo (PRMW) has declined to a mere $2.75/share while SodaStream (SODA) is up 60% from their IPO price of $20 and traded as high as $77 in early August before the company started to disappoint some investors.

Today Primo Water made an interesting announcement. They have formed an . . .

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