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Shares of iRobot tank 30% after Roomba maker raises doubt about its survival

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Summary
Nutrition label

84% Informative

Roomba maker says there's "substantial doubt" about its ability to stay in business.

Amazon abandoned its planned $1.7 billion acquisition of iRobot last year , citing regulatory hurdles.

The company's fourth-quarter revenue sagged 44% year over year to $172 million , missing estimates of $180.8 million .

Amazon CEO Andy Jassy : "There's a real question of whether they're going to be a going concern".

VR Score

87

Informative language

86

Neutral language

71

Article tone

formal

Language

English

Language complexity

57

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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