Roomba maker iRobot files for bankruptcy
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Company's secured lender and key supplier, Picea, to acquire iRobot through court-supervised chapter 11 process.
Robot survived three decades of competition, but couldn't survive European regulators killing its Amazon buyout. Now it's being taken over by its own supplier in bankruptcy court.
While iRobot is selling itself off as scrap, let's remember what actually makes a good robovac.
Roomba maker iRobot plummets following a bankruptcy filing, while cannabis stocks turn lower following sharp gains Friday after reports of possible looser marijuana restrictions.
Here are some of the stocks making notable moves in Monday's premarket action: iRobot shares slid 77% after [the Roomba maker filed for Chapter 11 bankruptcy Sunday and said it will go private.](
The Roomba maker declared bankruptcy over the weekend. It sa
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