Shares of iRobot Corporation (IRBT) are rallying more than 20% Friday morning after the British antitrust regulators cleared Amazon's acquisition of iRobot for $1.7 billion.
The Competition and Markets Authority (CMA) said that the deal would not lead to competition concerns in the UK.
IRBT currently at $50.56, has traded in the range of $31.37 - $60.25 in the last 1 year.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.