Why Is iRobot (IRBT) Down 8.5% Since Last Earnings Report?

It has been about a month since the last earnings report for iRobot (IRBT) . Shares have lost about 8.5% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is iRobot due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. iRobot Incurs Narrower-Than-Expected Net Loss in Q1iRobo ...