iRobot Plunges Nearly 9% - Adviser Investments

iRobot Plunges Nearly 9%

Charlie Toole, vice president at Adviser Investments, has the market analysis for Monday, October 8. The Dow Jones Industrial Average gained 0.2% while the S&P 500 had fractional losses and NASDAQ declined 0.7%. Defensive sectors—real estate, utilities and consumer staples—led today’s gains while technology underperformed. iRobot fell nearly 9% after Piper Jaffray lowered its stock rating, citing trade tariff risk. Google parent Alphabet also declined, dropping 1% on news that the company failed to notify users of a massive user data breach.

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