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Filing: iRobot says its last potential buyer withdrew from the process and its financials remain dire, following Amazon abandoning a 2024 bid; IRBT drops 33%+ (Annie Palmer/CNBC) from Techmeme RSS feed.
Filing: iRobot says its last potential buyer withdrew from the process and its financials remain dire, following Amazon abandoning a 2024 bid; IRBT drops 33%+ (Annie Palmer/CNBC)
Annie Palmer / CNBC:
Filing: iRobot says its last potential buyer withdrew from the process and its financials remain dire, following Amazon abandoning a 2024 bid; IRBT drops 33%+ — Shares of iRobot plunged 33% on Monday after the company warned its search for a buyer has hit a substantial roadblock and its financial condition remains dire.