Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

IRobot Rises 20%, Makes New All-Time High After Q2 Report

Courtesy of Benzinga.

iRobot Corporation (NASDAQ: IRBT) shares are trading higher by $17.60 (20 percent) at $105.50 in Wednesday’s session.

Although the report doesn’t compare to estimates, investors are encouraged by the EPS beat of 55 cents along with a sales beat of $6.2 million. The company also raised its FY 2017 EPS and sales guidance.

After $13 higher open, iRobot had a quick $5.00 retreat to $95.75 before continuing is move higher. That low was well above the top of Tuesday’s range, which was $90.70. The continuation move higher has taken the stock to a new all-time high, surpassing its former all-time high from June 14 ($104.61), so far reaching $105.99 as of 11:35 a.m. EST.

Today’s price action is taking place on much higher than average volume. With over four hours remaining in the session, 4 million shares have traded compared to its 20-day average volume of only 1.12 million.

Posted-In: Technicals Intraday Update Movers Trading Ideas


Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!