iRobot stock sinks to fresh lows as bankruptcy fears return

iRobot stock sinks to fresh lows as bankruptcy fears return

iRobot stock fell nearly 10% to a fresh low on Monday, reviving worries that the Roomba maker may face bankruptcy. The drop follows weak quarterly earnings and the collapse of buyout talks earlier this year. iRobot issued a going-concern warning in 2024, and retail sentiment remains cautious as the company struggles to stabilize revenue and debt.

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