Why iRobot Stock Gained 16% in December
iRobot (NASDAQ: IRBT) stock outperformed a booming market last month by rising 16% compared to a 3% spike in the S&P 500, according to data provided by S&P Global Market Intelligence.
The rally only erased a portion of shareholders' 2019 losses, though, as shares ended up lower by 40% compared to the market's 29% spike.
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Source Fool.com