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Roomba vacuum cleaner company iRobot declares bankruptcy [Yahoo! Finance]

Amazon.com, Inc. (AMZN)  More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
Under the restructuring plan, existing shareholders will receive no payout, while contract manufacturer Picea Robotics will acquire 100% of the company, iRobot said in a statement issued late Sunday. Following the takeover, iRobot expects to complete the bankruptcy proceedings as early as February. The Massachusetts-based company was once a trailblazer in the robot vacuum market with its Roomba brand. The autonomous device uses sensors and mapping technology to navigate rooms and automatically clean floors. In recent years, however, iRobot has struggled amid intensifying competition from Chinese manufacturers, which typically offer lower-priced devices. The US firm had sought a turnaround through a sale to Amazon, but the deal agreed in August 2022 collapsed after opposition from European competition authorities. The European Commission blocked the acquisition, citing concerns that Amazon could disadvantage iRobot's rivals on its e-commerce platform. In October, iRobot said [Read more]
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Stockreport

Roomba vacuum cleaner company iRobot declares bankruptcy [Yahoo! Finance]

Amazon.com, Inc.  (AMZN) 
More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
Under the restructuring plan, existing shareholders will receive no payout, while contract manufacturer Picea Robotics will acquire 100% of the company, iRobot said in a statement issued late Sunday. Following the takeover, iRobot expects to complete the bankruptcy proceedings as early as February. The Massachusetts-based company was once a trailblazer in the robot vacuum market with its Roomba brand. The autonomous device uses sensors and mapping technology to navigate rooms and automatically clean floors. In recent years, however, iRobot has struggled amid intensifying competition from Chinese manufacturers, which typically offer lower-priced devices. The US firm had sought a turnaround through a sale to Amazon, but the deal agreed in August 2022 collapsed after opposition from European competition authorities. The European Commission blocked the acquisition, citing concerns that Amazon could disadvantage iRobot's rivals on its e-commerce platform. In October, iRobot said [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AMZN
Last Price
Price Change
Price Change %
Volume Shares
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Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
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MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
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%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS