3 Things About Matterport That Smart Investors Know
Matterport (NASDAQ: MTTR), a developer of 3D scanning software that creates "digital twins" of physical places, went public last July by merging with a special purpose acquisition (SPAC) company. After hitting an all-time high of $33.05 in November, its stock has since plummeted by more than 80% as investors fret over the company's slowing growth and widening losses.
I recently compared the bear and bull cases for Matterport and concluded that the bears would remain in charge until it scales up its business. But today, I want to focus on three lesser-known facts about this divisive company.
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Source Fool.com
