Stock Movers iRobot Drops, ServiceNow Falls, Costco Slips on Ratings Cut
Dec 15, 2025
iRobot faces a drastic plunge as it files for bankruptcy and hands over control to its main Chinese supplier. ServiceNow is in talks to acquire cybersecurity startup Armis for a staggering $7 billion, signaling a shift towards enhanced security. Meanwhile, Costco experiences a downward trend after a rating cut due to fading membership renewals and decelerating store traffic. These developments paint a revealing picture of the market's current climate.
AI Snips
Chapters
Transcript
Episode notes
iRobot's Fall From Market Leader
- iRobot's decline stems from post-COVID struggles, supply-chain problems, and cheaper competitors.
- A failed Amazon deal and EU competition issues accelerated its collapse and bankruptcy filing.
ServiceNow Eyes Big Security Buy
- ServiceNow is reported to be in talks to buy Armis for up to $7 billion, which would be its largest deal.
- Analysts see strategic benefits but question the hefty price tag relative to revenue multiples.
Compare Price To Revenue Before Big Deals
- Evaluate acquisitions by comparing price to revenue multiples and strategic fit before approving deals.
- Question high price tags even when analysts praise strategic benefits to avoid overpaying.