4.45
price down icon0.22%   -0.010
after-market  After Hours:  4.4303  -0.0197   -0.44%
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Why is Matterport Inc (MTTR) Stock down?

We've noticed a 5.85% decline in Matterport Inc (MTTR) stock during the 2024-04-12 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
30 Nov, 2023:

Matterport Inc Stock (MTTR) dropped by 5.26% from $2.66 to $2.52 in the trading on Thursday November 30, 2023. The reason why MTTR stock down today is due to the announcement of partnership expansion with Vacasa. Matterport and Vacasa have announced a new multi-year partnership to expand Vacasa's use of Matterport's Digital Twin Platform and Capture Services. Under the partnership, Vacasa will utilize Matterport's full-stack digital twin solutions to more efficiently capture, document, and promote its listings. Each digital twin will generate an immersive virtual tour and high-resolution photos, providing a consistent showcase experience across Vacasa's rentals.

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