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iRobot Is in Real Trouble After Amazon Deal Falls Through

Can iRobot survive without Amazon?

By Travis Hoium – Jan 30, 2024 at 12:07PM EST

Amazon's (AMZN 1.43%) bid to buy iRobot (IRBT +0.00%) is over. But this hardly ends the robot maker's saga as the company deals with losses and growing debt on its balance sheet. Travis Hoium covers the challenge ahead in this video.

*Stock prices used were end-of-day prices of Jan. 29, 2024. The video was published on Jan. 30, 2024.

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About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon and iRobot. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

Amazon Stock Quote
Amazon
NASDAQ: AMZN
$209.82
(-1.33%)-$2.83

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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