Matterport's 32% Buyout Upside

By Travis Hoium – Jun 27, 2024 at 4:45AM

NASDAQ: MTTR

Matterport

Market Cap

$1B

Today's Change

(8.23%) $0.34

Current Price

$4.47

Price as of June 28, 2024, 4:00 p.m. ET

If the acquisition of Matterport goes through, there's a lot of upside for investors.

Matterport's (MTTR 8.23%) stock has faded to a steep discount from the buyout price CoStar (CSGP -0.16%) is expected to pay. Are investors seeing more risk in the deal closing, or is this a big opportunity for investors? Travis Hoium covers the details of the buyout and why the stock is dropping in this video.

*Stock prices used were end-of-day prices of June 25, 2024. The video was published on June 26, 2024.

Travis Hoium has positions in Matterport. The Motley Fool has positions in and recommends Matterport. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.