Why Matterport Stock Soared 44% in November

·3-min read
Why Matterport Stock Soared 44% in November

Shares of Matterport (NASDAQ: MTTR) jumped 44.2% in November, according to data from S&P Global Market Intelligence. The primary catalyst for the spacial data company stock's rise was likely investor enthusiasm about its potential to be a major player in the metaverse. Since going public in July via a special purpose acquisition company, Matterport stock has gained 97% through Dec. 2.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting