Why iRobot Stock Is Crashing Today
iRobot (IRBT -35.66%) stock has fallen 35% after the company issued a "going concern" warning, raising doubts about its ability to stay in business over the next year.What happened?The company behind the popular Roomba vacuums revealed severe financial instability, highlighting declining revenue and mounting losses. iRobot has now withdrawn its 2025 financial guidance and canceled its scheduled earnings call, a move that often signals worsening conditions.The company's net loss widened to $77.1 million in i ...