Irobot shines after a 1.7 billion deal with Amazon

Irobot shines after a 17 billion deal with Amazon

(Finance) – Shines Irobot, which changes hands with a 19.19% increase, after Amazon announced an agreement to purchase the home robot manufacturer. The deal has a value (including debt) of $ 1.66 billion. Shareholders will receive $ 61 per share in cash.

The comparison of the title with the Nasdaq 100on a weekly basis, shows the greatest relative strength of Irobot with respect to the index, highlighting the real attractiveness of the stock on the part of buyers.

The short trend of Irobot is strengthening with area of ​​resistance seen at USD 59.97, while more immediate support is seen at 59.33. A continuation of the upward trend towards 60.61 is expected.

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