Why Matterport Stock Plunged Today
Matterport(MTTR) The Motley Fool·2024-02-22 09:15
Shares of Matterport (MTTR -16.93%) fell 17.3% on Wednesday after the spatial data platform company announced weaker-than-expected quarterly revenue and a disappointing forward outlook. Matterport's decent quarter left the market underwhelmed Matterport's fourth-quarter 2023 revenue declined 3.9% year over year to 39 million to 40 million. On the bottom line ...