iRobot's Bear Turn: How Did We Get Here
The following is an excerpt from an article published at Seeking Alpha. You may view the entire article by clicking here. iRobot Corporation (IRBT), the Bedford, Massachusetts-based robotics company, gradually defined itself as a home products company, spinning off most of its other product lines. This branding effort correlated with an increase in value, as IRBT spent most of 2016 and 2017 in a steady growth pattern. However, in September 2017 short sellers stoked fears abou