Shares of iRobot (IRBT) sank in early trading on Friday. The Wall Street Journal reported that a European Union regulator will block Amazon's (AMZN) $1.4 billion bid to buy the Roomba maker, sending t
Amazon's $1.4 billion acquisition of robot vacuum maker iRobot will be blocked by EU antitrust regulators, three people familiar with the matter said on Friday, as enforcers beef up scrutiny of Big Te
Shares in cleaning robot maker iRobot (NASDAQ: IRBT ) fell by nearly half after the European Commission said it intends to block its acquisition by Amazon (NASDAQ: AMZN ). The refusal raised the spect

Why Is iRobot (IRBT) Stock Down 14% Today?

08:36am, Friday, 19'th Jan 2024
Shares of iRobot (NASDAQ: IRBT ) stock are taking a beating on Friday following news that its deal with Amazon (NASDAQ: AMZN ) is running into trouble. Recent reports claim that the European Union's
IRobot shares slumped 36% in premarket trading on Friday after a report the European Union antitrust regulator was planning to block Amazon.com's $1.4 billion buyout of the Roomba vacuum maker.

EU moves to block Amazon's iRobot acquisition

05:40am, Friday, 19'th Jan 2024
Europe's antitrust watchdog is set to block Amazon's US$1.7 billion bid to acquire iRobot Corporation (NASDAQ:IRBT), the maker of Roomba robotic vacuums, according to sources familiar with the matter.
Amazon's $1.4 billion deal for Roomba-maker iRobot looks set to be blocked by European Union antitrust authorities. It's only a small setback for the e-commerce giant but it's a reminder that regulato
The current scrutiny of anti-competitive business tactics by Amazon.com Inc. by both U.S. and European Commission regulators has put its pending acquisition of Roomba maker iRobot at risk, but there a
Amazon's (AMZN) $1.4 billion deal to buy iRobot (IRBT) may be in jeopardy. The tech giant missed a deadline to offer concessions to European regulators, who have concerns the deal could stifle competi
The company has not filed a remedy to the European Commission over its proposed deal.
Here's our daily look at three charts linked to recent news-driven price moves, with important technical levels to monitor.
Amazon.com missed a deadline to offer remedies to the European Union over its $1.7 billion acquisition of Roomba maker iRobot.
Amazon has not offered remedies to address concerns of EU antitrust regulators over its $1.4 billion acquisition of robot vacuum maker iRobot , according to an update on the European Commission websit

Why iRobot Stock Plunged Today

07:41pm, Wednesday, 10'th Jan 2024
Politico reported today that Amazon will not concede changes to its E.U. business in response to antitrust concerns over its acquisition of iRobot.
Shares of iRobot Corporation (NASDAQ:IRBT) fell more than 19% Wednesday after Amazon refused to offer any concessions to the European Commission to clear the way for its planned $1.7 billion acquisit
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