iRobot Stock Skyrockets 55% on Short-Squeeze Frenzy and Growth Hints – Bubble or Breakout?
Stock Performance and Short-Squeeze Rally On Oct. 15, iRobot shares surged sharply in a broad rally among small-cap tech names. Investing.com reported IRBT jumped 45% that day – its biggest one-day rise since March – as short sellers rushed to cover positions investing.com. By mid-day, the stock had risen to roughly $6.09, a seven-month high seekingalpha.com. Intraday trade was extremely volatile (day’s range $4.13–$6.10 investing.com). The squeeze was triggered by a very high short interest (about 28% of shares out) investing.com, making IRBT prone to sharp rebounds when buyers step in. Indeed, broader market conditions favored such rallies: the Russell
