Why iRobot Stock Fell Today
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What happened
Amazon (NASDAQ: AMZN) has cut the price it will pay to acquire iRobot (NASDAQ: IRBT) after the target entered into a new financing facility to fund operations. iRobot ivestors focused on an eventual payout reacted accordingly, sending shares of iRobot down neary 14%
Amazon (NASDAQ: AMZN) has cut the price it will pay to acquire iRobot (NASDAQ: IRBT) after the target entered into a new financing facility to fund operations. iRobot ivestors focused on an eventual payout reacted accordingly, sending shares of iRobot down neary 14%
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