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CEO NA Magazine > Business > iRobot shares close with 39% spike

iRobot shares close with 39% spike

in Business, News
iRobot shares close with 39% spike
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On Friday, Roomba-maker iRobot’s stock closed 39% higher following news that the company would be acquired by technology giant Amazon for $1.7 billion.

According to Reuters, the deal is set to “win unconditional EU antitrust approval.”

On the United States’ side, the deal remains under review by the U.S. Federal Trade Commission. 

Meanwhile, Amazon shares remained stagnant Friday despite iRobot’s surge.

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