When Amazon's deal to acquire iRobot (NASDAQ: IRBT) fell through earlier this year, it was as if the air was let out of the robot vacuum maker's stock. Almost in an instant, shares went over a cliff. The company has been struggling to gain traction ever since. Its sales have been declining, the business ...
motleyfoolusx:irbt
Companies are often engaged in turnarounds, so it isn't unusual that iRobot (NASDAQ: IRBT) is currently pursuing such a path. However, the story here is a bit more complex. The big takeaway for me is that iRobot is starting this turnaround from a particularly weak place. And because of that, I wouldn't ...
motleyfoolusx:amznusx:irbt
Once the king of the robotic vacuum space, iRobot (NASDAQ: IRBT) has seen an astonishing 80% drop in its stock value, heavily influenced by a failed acquisition by Amazon (NASDAQ: AMZN). This sharp decline is likely to discourage many shareholders, compelling them to reassess their investments in iRobot. ...
motleyfoolusx:amznusx:irbt
