Why Is iRobot (IRBT) Stock Down 14% Today?

Shares of iRobot (NASDAQ:IRBT) stock are taking a beating on Friday following news that its deal with Amazon (NASDAQ:AMZN) is running into trouble.Recent reports claim that the European Union’s (EU) regulators are likely to block Amazon’s purchase of iRobot over antitrust concerns. Insiders claim that Amazon was given this warning during a meeting with the EU on Thursday.EU regulators have until Feb. 14 to approve of or reject the deal between Amazon and iRobot. No matter what decision is made it will wrap ...