What's Next for iRobot Stock After Reporting Earnings?
One side effect of the COVID-19 pandemic is that it has made it extremely difficult to ascertain the underlying trends in any given business. That's a concern when it comes to gauging the investment thesis of any company that had a lot of question marks around it heading into 2020, and it's definitely the case for iRobot (NASDAQ: IRBT).
At the end of last year, the questions around the consumer robot maker's business could be defined as follows:
These were questions that investors were looking for answers to, not least because the negative impact of tariffs and pricing competition had already hit the company in 2019.
Source Fool.com