IRBT Stock Recent News

As artificial intelligence (AI) continues transforming industries, the hype around AI stocks has reached feverish levels. Several AI stocks are now trading at sky-high valuations, increasing new investors' downside risks.

Identifying stocks to sell is crucial for investors who want to keep their capital. That might mean occasionally rebalancing one's portfolio, or if the situation is grave enough, some stocks might need to be cut completely out.

NEW YORK, July 25, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against iRobot Corporation (NASDAQ: IRBT) on behalf of long-term stockholders following a class action complaint that was filed against iRobot on March 8, 2024 with a Class Period from August 5, 2022 to January 26, 2024. Our investigation concerns whether the board of directors of iRobot have breached their fiduciary duties to the company.

iRobot's first AutoWash™ Dock adds automatic mop pad washing and self-cleaning for a more hands-free customer experience Powered by iRobot OS Intelligence, new Enhanced Dirt Detect™Technology recognizes and cleans the dirtiest areas even more BEDFORD, Mass. , July 23, 2024 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today introduced its most advanced robot vacuum and mop, the Roomba Combo® 10 Max Robot + AutoWash™ Dock.

Shares of iRobot are down 95% since 2021. iRobot's failed acquisition by Amazon has thrown the company into disarray.

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 after market close on Tuesday, August 6, 2024.

As the field of robotics progresses and enters more and more industries, robotics stocks are becoming increasingly promising investments. AI machine learning (ML) are some of the critical aspects that have formed the basis of robotics today.

A recently disclosed stock purchase from an institutional investor is sending iRobot stock higher today. Susquehanna Fundamental Investments purchased a roughly 0.5% equity stake in this year's first quarter.

Robotics is the core of automation in a variety of business sectors. In this day and age, with the demand for and proliferation of artificial intelligence- and machine learning-based technologies, the robotics sector could experience a real boom.

Gary Cohen's appointment as iRobot's CEO brings a promising outlook for the company. iRobot's restructuring efforts aim to streamline operations and enhance shareholder value.