Roomba Maker iRobot Stock Is Having Its Worst Day on Record - Barron's
1. iRobot stock plunged 42% after a going concern warning. 2. Over 60% decline since merger termination with Amazon in January. 3. Operational restructuring led to over 50% workforce reduction. 4. Largest product launch in company history announced, but success uncertain. 5. Q4 earnings showed a wider loss than anticipated, missing revenue expectations.