Shares of iRobot plunged more than 30% on Wednesday after the Roomba maker said there is "substantial doubt" about its ability to stay in business. The Roomba maker faces mounting debt and sputtering ...
Founded in 1990 by three M.I.T. researchers, iRobot introduced its vacuum in 2002. Its restructuring will turn the company over to its largest creditor. By Meaghan Tobin and Xinyun Wu Reporting from ...
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