Roomba maker iRobot warns it may go out of business, sending shares plunging

Roomba vacuum cleaner maker iRobot, a former $1.4 billion buyout target of Amazon, raised concerns on Wednesday about its ability to stay in business.Shares of the company fell more than 35%, extending a multi-year decline from its pandemic-era peak.“Given macroeconomic and tariff-related uncertainties, there is substantial doubt about iRobot’s ability to continue as a going concern,” iRobot said in a statement.Roomba maker iRobot was a former $1.4 billion buyout target of Amazon. The deal was scrapped due ...