iRobot shares tank 40% on report EU plans to block Amazon acquisition – IGW NEWS

iRobot shares tank 40% on report EU plans to block Amazon acquisition

Roomba robot vacuums made by iRobot are displayed on a shelf at a Target store in San Rafael, California, on Aug. 05, 2022.

Justin Sullivan | Getty Images

Shares of iRobot plunged as much as 43% in extended trading on Thursday after a report said EU’s antitrust watchdog intends to block Amazon‘s planned acquisition of the Roomba maker.

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