iRobot’s stock surged by 39% following news of EU approval for its Amazon deal.

iRobot, the manufacturer of Roomba vacuums, saw its stock price rise by approximately 39% on Friday in response to news that the European Union is poised to give its approval for Amazon’s acquisition of the company, valued at $1.7 billion. According to reports from Reuters on Thursday morning, the deal is expected to receive “unconditional … Continue reading iRobot’s stock surged by 39% following news of EU approval for its Amazon deal.