By Tracy Brown Hamilton January 19, 2024 The European Union’s competition watchdog appears set to thwart Amazon’s $1.4 billion acquisition of the robot vacuum maker iRobot, according to sources connected to the Wall Street Journal. This has triggered a sharp decline of almost 40% in the stock shares of the Roomba vacuum manufacturer, which … Continue reading iRobot stock tumbles on report that the EU may block Amazon’s acquisition of Roomba maker
Tag Archives: tumbles
Etsy cuts 11% of staff and stock price tumbles
Etsy cuts 11% of staff and stock price tumbles Deanna Ritchie / Last Updated: Dec 13, 2023 The height of the holiday season is upon us, and Etsy is cutting 11% of its staff, looking to restructure the business and cut costs. Josh Silverman, Etsy CEO, said, “We must streamline costs against a “very … Continue reading Etsy cuts 11% of staff and stock price tumbles