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iRobot Stock Plunges as Its Takeover by Amazon Likely Is Dead

Por: MarketWatch Business January 19, 2024

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Amazon and the European Commission both declined to comment on the report. iRobot shares were down 29% to $16.69. The stock was on track for its lowest close since April 2010. Amazon shares were down 0.2%. Amazon struck a $61-a-share deal for iRobot in August 2022, a price that was later reduced to $51.75 a share. The acquisition would have extended Amazon’s line up of smart products, which include the Alexa virtual assistant, Ring doorbells,... + full article



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