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Matterport Buyout at 216% Premium: What to Do Now

A huge buyout is taking place with Matterport today.

By Travis Hoium – Apr 22, 2024 at 11:19AM EST

Matterport (MTTR +0.00%) is being acquired by CoStar Group (CSGP 2.25%) for an incredible 216% premium from Friday's closing price.

In this video, Travis Hoium goes through the deal and everything you need to know.

*Stock prices used were end-of-day prices of April 22, 2024. The video was published on April 22, 2024.

Read Next

About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
TMFFlushDraw
X@travishoium

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

Stocks Mentioned

CoStar Group Stock Quote
CoStar Group
NASDAQ: CSGP
$36.48
(-2.25%)-$0.84
Zillow Group Stock Quote
Zillow Group
NASDAQ: Z
$39.87
(-1.87%)-$0.76

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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