In This Article:
Yahoo Finance host Brad Smith checks out several trending stocks in this Market Minute.
iRobot (IRBT) announced it has "substantial doubt" about the future of its operations.
Target (TGT) stock slips to a 52-week low amid tariff uncertainties
Novo Nordisk (NVO) shares fall after Roche (ROG.SW) signed a deal to develop a new weight-loss drug.
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
It's time for Yahoo Finance's market minute. The stock rebound loses steam as tariff news outweighs a better-than-expected CPI print. Shares of Roomba maker iRobot are under pressure after the company said it has substantial doubt about its ability to continue. This comes a year after the deal for Amazon to purchase iRobot for $1.7 billion fell through amid regulatory scrutiny. And Target shares declining. It's trading at a 52-week low, investors anticipating the potential impact of tariffs on the retailer and its competitors. Target also announced though a $1.12 dividend they will issue to shareholders June 1st. And competition in the weight loss drug space. Roche shares rise as Novo Nordisk falls. This after Roche inked a $5 billion deal with Zealand Pharma to develop a new weight loss drug. That's your Yahoo Finance market minute. For more on what's trending on Yahoo Finance, scan the QR code below to track the best and worst performing stocks of the session.