Colin Angle, co-founder and former CEO of iRobot, on Monday said the company's move to declare bankruptcy was "profoundly disappointing" and "nothing short of a tragedy for consumers." The robotic vac
Shares of iRobot (IRBT) plummeted over 70% Monday morning after the Roomba robot vacuum maker announced a Chapter 11 bankruptcy filing on Sunday.
IRobot Corp. (NASDAQ: IRBT) filed for Chapter 11 bankruptcy protection on Sunday, explicitly stating that under the Picea Robotics acquisition plan current shareholders will be wiped out.
iRobot says it will continue to offer its robots and smart home devices​ to consumers.
"So what is going to happen to the functionality of [my Roomba]? It's one of the smart ones that talk with a server," a Reddit user posted on Sunday.
Shares of iRobot Corporation (Nasdaq: IRBT), maker of the Roomba autonomous vacuum cleaner, are crashing today after the company announced that it will seek Chapter 11 bankruptcy protection.
Shares of iRobot (IRBT) plummeted over 70% Monday morning after the Roomba robot vacuum maker announced a Chapter 11 bankruptcy filing on Sunday.
iRobot Corporation (NASDAQ:IRBT), the maker of Roomba robotic vacuum cleaners, has filed for Chapter 11 bankruptcy in the District of Delaware and plans to be acquired by its secured lender and primar
4:15pm: Tech investors hit the exit Stocks closed mostly lower on Monday as investors braced for a packed week of economic releases, including the November...
Shareholders of common stock "will experience a total loss."
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