Why iRobot Stock Dropped Nearly 13% in October
Shares of consumer robot specialist iRobot (NASDAQ: IRBT), best known for its Roomba robotic vacuum, plunged 12.8% in October, according to data from S&P Global Market Intelligence.
iRobot stock is up 32% for the one-year period through Nov. 10, despite getting clobbered for a couple of months. The S&P 500 has returned nearly 22% over the same period.
Image source: iRobot.
Source: Fool.com
iRobot Corp. Stock
€10.43
-1.470%
With 11 Sell predictions and only 2 Buy predictions the community sentiment for iRobot Corp. is rather negative.
A potential of -32.85%, resulting from comparing the current price of 10.43 € with the target price of 7 € for iRobot Corp., shows the chance of incurring significant losses.
