Robotics company’s shares rise 11% in debut
‘Shares of iRobot Corp. closed up more than 11 percent in Wednesday’s trading debut for the world’s largest maker of mobile robots for the consumer market, from the floor-cleaning Roomba to the soldier-accompanying Packbot. The 15-year-old Burlington, Mass.-based company offered 4.3 million shares at $24. They rose as high as $34.16 before retreating to close up $2.70 at $26.70 on the Nasdaq Stock Market.(AP)’
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