Shares of iRobot dropped after the Roomba maker updated risk factors, including a setback in merger efforts and credit-facility issues. The stock is down 34%, to $3.67, midday Monday and has fallen ...
Things are not looking good for iRobot. Although their robotic Roomba vacuums are basically a household name, the company has ...
The continued existence of iRobot is questionable, as it is spending the last of the money it has to keep its already-sold ...
iRobot Corporation finds itself in a desperate struggle for survival following the complete collapse of all acquisition possibilities. The robotics company has issued a stark warning about its ability ...
iRobot might not be able to find a buyer—and investors are selling the Roomba maker’s stock. I n a filing t oday, iRobot warned that its “ongoing review of strategic alternatives will result in any ...
If it can't obtain capital, iRobot said it "may be forced to significantly curtail or cease operations and would likely seek bankruptcy protection." ...
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