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E-commerce and cloud computing giant Amazon (NASDAQ: AMZN) is no stranger to game-changing acquisitions. This week, the company signed a merger agreement for Roomba maker iRobot (NASDAQ: IRBT) . The all-cash deal will cost Amazon $1.7 billion and add a brand-new wrinkle ...
The release of stronger-than-expected jobs data led to a lackluster session on Wall Street, as investors worried that the Federal Reserve would have additional runway to enact an aggressive plan to raise interest rates. The major averages finished Friday's trading mixed, with the Nasdaq and...
On Aug. 5, Amazon (NASDAQ: AMZN) announced it was buying iRobot (NASDAQ: IRBT) , which makes robotic vacuum cleaners including the Roomba, for $61 per share in an all-cash deal -- a 22% premium to where iRobot stock traded at the time. This acquisition news understandab...
Shares of Amazon (NASDAQ: AMZN) were trading down 1.8% at 11:35 a.m. ET on Friday after the company signed an agreement to acquire iRobot (NASDAQ: IRBT) for $1.7 billion. It's an all-cash transaction that comes to $61 per share for iRobot. While iRobot won't move the nee...
Amazon ( NASDAQ: AMZN ) snapped up iRobot ( IRBT ) on Friday for $1.7B in the tech giant's fourth largest acquisition ever following deals for Whole Foods, MGM, and One Medical. Of note, Massachusetts-based iRobot ( IRBT ) has sold millions of its popular Roomba vacu...
Shares of iRobot (NASDAQ: IRBT) were up 19% as of 10:56 a.m. ET on Friday after the company reached a deal to be acquired by Amazon (NASDAQ: AMZN) . The Roomba vacuum maker agreed to an all-cash transaction worth $1.7 billion, or $61 per share. Year to date, shares of iR...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Burdun Iliya / Shutterstock.com FuboTV (NYSE: FUBO ) stock is climbing higher on Friday following the release of the streaming service’s earnings report for the second quarter of 2022 . Helping...
E-commerce giant %Amazon ($AMZN) is purchasing %iRobot ($IRBT), the maker of %RobotVacuumCleaners , for $1.7 billion U.S. In a news release, Amazon said it will pay $61 U.S. per share in cash for the %Roomba vacuum manufacturer. Bedford, Massachusetts-based iRobot ha...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Grzegorz Czapski / Shutterstock.com Irobot (NASDAQ: IRBT ) stock is climbing higher on Friday after the Roomba-maker announced that Amazon (NASDAQ: AMZN ) buying the company . Let’s go ov...
iRobot ( NASDAQ: IRBT ) shares popped around 20% pre-market on Friday in response to takeover announcement by Amazon ( AMZN ) that overshadowed the consumer robot firm's Q2 results . The Bedford, Massachusetts-based firm reported revenue of $255.4M for the quarter th...
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iRobot Introduces Roomba Combo® 10 Max Robot + AutoWash™ Dock - Its Best-Cleaning, Most Intelligent and Independent Robot Vacuum and Mop Yet PR Newswire iRobot's first AutoWash™ Dock adds automatic mop pad washing and self-cleaning for a more hands-free cust...
2024-07-23 04:20:00 ET Investors in robotic vacuum maker iRobot Corporation (NASDAQ: IRBT) have experienced a whipsaw ride over the last five years: Shares first rocketed 375% higher early in the pandemic before plummeting 95% over the next four years. Even in this red-hot bull mark...
iRobot Schedules Second-Quarter 2024 Conference Call for August 7 PR Newswire BEDFORD, Mass. , July 18, 2024 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced that it will issue its second-quarter 2024 financial results aft...