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iRobot stock price collapses as Roomba maker files for Chapter 11 bankruptcy: here’s what happens next
Shares of iRobot Corporation (Nasdaq: IRBT), maker of the Roomba autonomous vacuum cleaner, are crashing today after the company announced that it will seek Chapter 11 bankruptcy protection. As of ...
A lack of innovation, tough competitors, and an ill-fated lifeline from Amazon humbled the Bedford-based tech legend.
Sen. Elizabeth Warren and former Biden FTC Chair Lina Khan are taking heat for helping kill a deal an Amazon-iRobot deal, leading to the company going bankrupt and falling under Chinese control.
Shares of iRobot plunged more than 30% on Wednesday after it said there is "substantial doubt" about its ability to stay in business. Massachusetts-based iRobot has been restructuring since the Amazon ...
iRobot's stock plummeted after the Amazon acquisition fell through, leaving the company to navigate restructuring and cost-cutting efforts alone. Despite trading at a low price/book value, iRobot ...
Is this the beginning of the end for Roomba? According to the robot vacuum maker, iRobot, it's a real possibility. iRobot was banking on a $1.7 billion acquisition deal from Amazon, which fell apart ...
On Sunday evening, legendary robotics company iRobot, manufacturer of the Roomba robotic vacuum, filed for bankruptcy. The company will be handing over all of its assets to its Chinese manufacturing ...
iRobot Corp's stock price is trading for a fraction of the Amazon takeover price as the deal was canceled in January 2024 due to EU regulatory scrutiny. iRobot's financial performance has declined due ...
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