In today’s market, Matterport (NASDAQ:MTTR) is one of the biggest movers investors are watching, with MTTR stock surging more than 200% at today’s highs. The stock has come off of its daily high as of early afternoon trading but continues to see an abnormal number of shares trade hands, with more than 55 million shares of MTTR stock traded as of 2 p.m. EST, compared to an average daily volume of around 2.6 million shares.This move follows a big announcement for the immersive 3D digital twins company. CoStar ...

The real estate tech company has found a buyer.Online real estate marketplace CoStar Group (CSGP 1.00%) has agreed to buy Matterport (MTTR 179.02%) for a significant premium to the target's Friday close. Investors are rallying into Matterport shares, sending the stock up 180% as of 1 p.m. Monday.Bringing 3D data to a leading real estate platformMatterport is a spatial data company focused on providing 3D floor plans and the cameras and other technology needed to create them for the real estate, construction ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

A huge buyout is taking place with Matterport today.Matterport (MTTR 174.71%) is being acquired by CoStar Group (CSGP 1.06%) 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. ...

SUNNYVALE, Calif., April 16, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (NASDAQ:MTTR), the leading digital twin platform for the built world, announced it has partnered with Crunch Fitness, one of the largest fitness companies in North America, to use Matterport's leading digital twin and photography services to ensure brand consistency across marketing materials for its U.S. franchise locations. Headquartered in New York City, Crunch has over 450 gyms worldwide, serving a diverse community of more than 2.5 ...

SUNNYVALE, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (NASDAQ:MTTR), a pioneering leader in the digital twin and 3D capture space, proudly announces a monumental achievement in its company history, reaching one million subscribers to its digital twin cloud platform. This significant milestone underscores Matterport's unwavering commitment to innovation and its strategic Capture Ubiquity initiative, which has propelled the company into a new era of growth and success. In 2019, Matterport emb ...

Artificial intelligence (AI) is growing like crazy, but there are very few companies making a profit on AI today. One exception is Matterport (MTTR 15.90%), which has been using AI for a decade and recently announced some new advancements in the technology.In this video, Travis Hoium interviews Matterport CEO RJ Pittman and asks about the future of AI at Matterport.*Stock prices used were end-of-day prices of March 28, 2024. The video was published on March 29, 2024. ...

SUNNYVALE, Calif., March 19, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (NASDAQ:MTTR), announced that ARTOGO, the largest virtual exhibition platform in Asia, is utilizing Matterport as its 3D technology of choice to revolutionize the arts sector. Founded in April 2021, ARTOGO's online art platform offers immersive digital experiences powered by Matterport, allowing users to explore international art exhibitions from anywhere at any time. Collaborating with major art museums, galleries, museums, and historic ...

Matterport, Inc. (MTTR) has been on a downward spiral lately with significant selling pressure. After declining 28.3% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a st ...

SUNNYVALE, Calif., March 12, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (NASDAQ:MTTR) announced today that Resi, the UK's leading home extension company, has made Matterport's Pro3 and Digital Twin Platform its technology of choice for surveying homes. Founded in 2016 with the vision of opening up fast, affordable, high-quality architectural services for every UK home, Resi is the UK's leading home extension company having completed more than 7,000 projects to date. In design and construction, inaccurate or ...