Shareholders of iRobot (NASDAQ: IRBT) trounced the market this week as shares jumped 17% through 2:30 p.m. ET on Thursday. The main factor driving iRobot's stock higher this week was a shift in overall investor sentiment. The tech-heavy Nasdaq index, which is home to iRobot and many other hard-hit growth stocks, rallied 10% higher as Wall Street contemplated the prospect that stocks have become oversold in recent weeks. Read More...
Shareholders of iRobot (NASDAQ: IRBT) trounced the market this week as shares jumped 17% through 2:30 p.m. ET on Thursday. The main factor driving iRobot’s stock higher this week was a shift in overall investor sentiment. The tech-heavy Nasdaq index, which is home to iRobot and many other hard-hit growth stocks, rallied 10% higher as Wall Street contemplated the prospect that stocks have become oversold in recent weeks.
