Roomba maker iRobot doubts it can survive the next 12 months

iRobot, known for its Roomba robotic vacuums, is facing financial struggles and potential closure within the next year. After agreeing to sell to Amazon for $1.7 billion in 2022, the deal fell through due to regulatory issues. Revenue has plummeted, resulting in layoffs and a significant drop in stock value, from a peak of $133 to just $4.06 per share.

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