Explaining iRobot's Inexplicable Stock Plunge
In this segment from the Market Foolery podcast, host Chris Hill and David Kretzmann of Motley Fool Rule Breakers and SuperNova unpack the reasons behind iRobot's (NASDAQ: IRBT) stock tumble in the wake of an apparently excellent third-quarter report and strong guidance.
Its P/E had some high expectations built in -- and part of the problem is that those expectations rely on the Chinese market.
A full transcript follows the video.
Source: Fool.com
