Strength Seen in iRobot (IRBT): Can Its 24.7% Jump Turn into More Strength?

iRobot Corporation (IRBT) shares rallied 24.7% in the last trading session to close at $9.91. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 7.5% loss over the past four weeks.iRobot’s rally is largely driven by optimism over investments in higher-value robotics, machine learning and complex mechanical design. Solid product offerings, innovation capabilities and operational initiatives bode well for the comp ...