Matterport's Stock Is Down 17%, but There's Good News Today

By Travis Hoium – Feb 22, 2024 at 6:15AM

NASDAQ: MTTR

Matterport

Market Cap

$1B

Today's Change

(0.85%) $0.04

Current Price

$4.72

Price as of April 26, 2024, 4:00 p.m. ET

There's value emerging in this beaten-up stock.

Matterport (MTTR 0.85%) reported earnings this week, and the market didn't like what it saw. Revenue isn't growing as quickly as hoped, and the company is struggling to get to profitability.

But there's upside for investors in Matterport -- that's what Travis Hoium highlights in this video.

*Stock prices used were end-of-day prices of Feb. 21, 2024. The video was published on Feb. 21, 2024.

Travis Hoium has positions in Airbnb, Apple, Matterport, and Zillow Group. The Motley Fool has positions in and recommends Airbnb, Apple, Matterport, and Zillow Group. 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.