iRobot Shares Plunge in Premarket Trading After Bankruptcy Filing

Dow Jones12-15
 

By Colin Kellaher

 

Shares of iRobot collapsed in premarket trading Monday after the maker of Roomba robotic vacuums filed for chapter 11 bankruptcy with a deal in hand to be acquired by its primary contract manufacturer.

iRobot, which in early 2024 saw a $1.4 billion deal to be acquired by Amazon fall apart due to European regulatory concerns, on Sunday said current holders of its common stock would experience a total loss under its proposed reorganization plan.

Shareholders are generally wiped out in bankruptcy cases.

Shares of iRobot, which closed Friday at $4.32, were recently down 83% at 75 cents in premarket trading.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

December 15, 2025 06:10 ET (11:10 GMT)

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