iRobot got a meme-stock bump, but don't robotically follow the crowd and end up making a hasty choice.
When Amazon's deal to buy iRobot fell apart, iRobot quickly moved on to a massive restructuring. That's not a good sign.
The robotic cleaning device specialist reported first-quarter earnings Tuesday afternoon.
Do iRobot's struggles after the Amazon deal failure confirm sell signals?
Can the e-commerce and cloud services giant really deliver another 2x return in a relatively short period?
These stocks come with significant risks, but they could also generate substantial returns if their turnarounds go well.
Management announced an aggressive restructuring plan in the wake of the failed Amazon acquisition.
When a merger goes south, the fallout can be swift and painful for investors. iRobot is just one example of how bad it can get.
With Amazon's acquisition of iRobot scrapped, the consumer robot company is taking measures to turn its business around.