iRobot Corporation jumped on Tuesday as investors seemed to view the latest trade and tariff developments as a positive. The delay on tariffs from the U.S. on European Union imports has boosted the view that the harshest tariff scenario will not play out.

The consumer electronics company had publicly stated that the tariff environment posed a serious threat to its business viability and warned of "substantial doubt" about iRobot's ability to continue as a going concern. The SEC filing highlighted macroeconomic and tariff-related uncertainties as key risks.

Shares of iRobot rose to their highest level in 2025 with a 54.3% pop and traded as high as $4.3 earlier in the session. Short interest on iRobot stands at 24% of the total float, which could be adding to the volatility.

Other robot companies also saw a significant increase on Tuesday. Richtech Robotics surged 29.6%, Serve Robotics jumped 13%, and Arbe Robotics gained about 10%.

Earlier in the month, iRobot CEO Gary Cohen issued a statement as part of the company's Q1 earnings report.

"We are encouraged by the positive reactions from distributors, retailers and consumers, and expect to see an uptick in sales later in the year as availability of our suite of new, technologically innovative Roomba® vacuums and 2-in-1 vacuums and mops expands. As our Board of Directors continues its review of strategic alternatives for our business, we remain focused on executing our proven strategy and delivering the products our customers have come to know and love."