iRobot shares slip SharkNinja’s market entry

The Robot Report

Shares iRobot (NSDQ:IRBT), which makes the Roomba robotic vacuum, slid nearly -4% yesterday after a competing product hit the shelves. After the introduction of the Shark Ion Robot, created by household appliance company SharkNinja, iRobot closed down -15.7% at $85.08 apiece Sept. 12 and dropped a further -3.8% to close yesterday at $81.85 per share.…

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Source: therobotreport

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