Puig

Puig’s stock price dropped, breaking through the support levels that had been established after the April highs. The decline suggests the shares may now be testing an upward trendline as the next point of reference.

Goldman Sachs, one of the most influential firms in the market, has reinforced Puig on its buy list. The U.S. bank sees significant potential in the Ibex-listed company following the stock market collapse resulting from a failed merger attempt with Estée Lauder.

Puig shares are rebounding three days after a sharp decline, with Bank of America analysts identifying the 34% discount as a buying opportunity