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Why iRobot Stock Fell 13% in October


Why iRobot Stock Fell 13% in October

Consumer robotics specialist iRobot (NASDAQ: IRBT) shed 13% last month, according to data provided by S&P Global Market Intelligence, at a time when the broader market rose by over 2%.

The decline added to steep losses since the stock touched $100 in early September, but iRobot is still a big winner over the past five- and 10-year periods.

IRBT Chart

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Source: Fool.com

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