Here's Why You Should Avoid Investing in iRobot Stock Right Now

iRobot Corporation (IRBT) has failed to impress investors with its recent operational performance due to decreased demand for products. Also, given the company’s extensive international presence, foreign currency headwind is an added uncertainty.Headquartered in Bedford, MA, iRobot designs and manufactures robots for home cleaning, most notably the Roomba vacuum cleaner. It also produces devices for mopping, such as the Braava. The products are primarily sold via several distribution channels, which include ...