iRobot Stock Skyrockets 55% in Short-Squeeze Frenzy – Bubble or Breakout?
IRBT Stock Soars on Short-Squeeze Rally iRobot’s stock price skyrocketed this week in one of its sharpest moves on record. On Wednesday (Oct. 15), IRBT jumped from $3.93 to about $5.37 at the close, a +36% gain in one day stocktwits.com. Intra-day, the Roomba maker’s stock hit $6.09 (a level last seen in March) before paring back ts2.tech. By comparison, major indexes were flat to mildly positive that day ts2.tech – making iRobot a dramatic outlier. The sudden spike pushed IRBT well above its recent trading range (the stock had languished under $4 for weeks) and lifted shares to a