iRobot warns it may go bust, sending stock down 36%
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iRobot, the maker of Roomba, has issued a warning about its financial stability, stating there is 'substantial doubt' about its ability to continue operations. This announcement has led to a significant drop in its stock price by 36%.
March 12, 2025 | 12:45 pm
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iRobot has announced substantial doubt about its ability to continue as a going concern, leading to a 36% drop in its stock price. This raises concerns about potential bankruptcy.
The announcement of potential bankruptcy is a critical issue for iRobot, directly impacting its stock price negatively. The 36% drop reflects investor concerns about the company's future viability.
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