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Down 94% From Its All-Time High, Here Are 2 Things iRobot Needs to Do for Shares to Soar
IRBTiRobot(IRBT) fool.com·2024-05-24 09:18

Could this stock really have 200% upside?Warren Buffett is one of the greatest investors of all time but he's not stingy with his knowledge. On the contrary, he wants to be remembered as a teacher. And in 1988, he used his annual letter to shareholders of Berkshire Hathaway to educate investors on something called merger arbitrage.In short, merger arbitrage happens when a stock trades at a price that is lower than what another company has already agreed to pay in a takeover. The first question that Buffett ...