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Strategies & Market Trends : Value Investing

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From: Harshu Vyas4/22/2024 10:39:55 AM
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iRobot - good product, bad business? One product wonder? The stock's taken a massive hit since Amazon stopped pursuing them. Now well into micro-cap territory at under $200m.

Would love to hear the thread's thoughts. We have a Roomba at home - seems decent (though, it's not perfect). Now only stairs need (thorough) hoovering.

Worth noting insiders have been selling and the company's run big losses through 22 and 23 with revenues also declining.

Will need to understand the business model a little better but I'm already worried I might be trying to snatch at a fad.
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