IRobot shares plunge after analyst downgrades stock on trade tariff risk

IRobot shares plunge after analyst downgrades stock on trade tariff risk

6 years ago
Anonymous $oIHRkISgaL

https://www.cnbc.com/2018/10/08/irobot-shares-plunge-after-piper-jaffray-cuts-stock-on-tariff-risk.html

IRobot will suffer from the latest escalation in the trade conflict between the U.S. and China, according to Piper Jaffray.

The firm lowered its rating to neutral from overweight for iRobot shares, predicting trade tariffs will hurt the company's business next year.