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Matterport Inc - MTTR STOCK NEWS

Welcome to our dedicated news page for Matterport (Ticker: MTTR), a resource for investors and traders seeking the latest updates and insights on Matterport.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Matterport's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Matterport's position in the market.

News
Matterport, the Global Leader in 3D Digital Twins, to be Acquired by CoStar Group
Rhea-AI Summary
Matterport, a leader in 3D digital twins, is being acquired by CoStar Group in a transaction valued at $2.1 billion. The deal will enhance the development and deployment of Matterport's AI and digital twin technology. Founded in 2011, Matterport has revolutionized property tours with its 3D capture solutions and Cortex AI engine. The acquisition aims to combine CoStar Group's real estate marketplaces with Matterport's spatial data expertise to innovate property marketing and management globally.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
175.86%
Tags
acquisition
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News
CoStar Group to Acquire Matterport, the Global Leader in Immersive 3D Digital Twins and Artificial Intelligence for the Real Estate Industry That Makes Properties Intuitive and Interactive Online
Rhea-AI Summary
CoStar Group, Inc. (CSGP) is set to acquire Matterport in a cash and stock transaction valued at $1.6 billion, aiming to enhance AI and digital twin technology across its product lines. Matterport, a leader in 3D digital twins for real estate, offers dimensionally accurate virtual tours using AI software. The acquisition aligns with CoStar's mission of digitizing real estate, leveraging Matterport's technology in various sectors. CoStar plans to integrate Matterport's solutions into its platforms to enhance user experience and engagement. The transaction, subject to regulatory approvals, signals a strategic move to revolutionize the real estate industry through technology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.25%
Tags
acquisition
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News
Matterport to Announce First Quarter 2024 Results on May 6, 2024
Rhea-AI Summary
Matterport, Inc. (MTTR) will announce its first quarter 2024 financial results on May 6, 2024. The leading spatial data company will discuss the results in a conference call at 1:30 p.m. Pacific time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.57%
Tags
earnings
News
Crunch Fitness Partners with Matterport to Offer Advanced Photography Services to its Franchisees
Rhea-AI Summary
Matterport partners with Crunch Fitness to provide advanced photography services to its franchisees, enhancing brand consistency and marketing materials. Crunch Fitness, with over 450 gyms worldwide, aims to offer rich media content to attract prospective gym-goers through Matterport's digital twin technology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.7%
Tags
partnership
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News
Matterport Surpasses One Million Subscribers, Extending Its Industry Leadership in Digital Twin Technology with Compelling SaaS Growth
Rhea-AI Summary
Matterport, Inc. (MTTR) achieves a significant milestone by reaching one million subscribers to its digital twin cloud platform, showcasing a remarkable 75x subscriber growth in just five years. The company's Capture Ubiquity initiative and SaaS-driven strategy have been pivotal in driving this success, with a focus on democratizing 3D capture technology and expanding its user base. Matterport's market leadership in the 3D capture and digital twin industry is evident through its increased subscription revenue and user engagement. The company's commitment to innovation, community engagement, and AI-powered offerings sets the stage for continued growth and expansion, with a strong focus on transforming property insights and enhancing user experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.96%
Tags
none
-
News
Kikkoman Leverages Matterport's Digital Twin Platform To Digitize Historic Soy Sauce Production Line
Rhea-AI Summary
Kikkoman , the leading soy sauce producer, partners with Matterport to create a digital twin of its historic Goyogura soy sauce brewery. The brewery, established in 1939, continues to uphold traditional brewing methods. Matterport's solutions enable virtual factory tours, educational resources, and facilities management. The partnership aims to preserve Japanese food culture and enhance customer engagement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.56%
Tags
none
News
Matterport 3D Digital Twins Power Asia’s Largest Virtual Art Exhibition Platform, ARTOGO
Rhea-AI Summary
ARTOGO partners with Matterport to create immersive pay-to-visit virtual art exhibits, attracting over four million visitors. ARTOGO plans to launch 20 paid experiences in 2024, aiming for 100,000 ticket sales.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.55%
Tags
none
-
News
Matterport Partners with Resi, the UK's Top Home Extension Company, to Revolutionize Home Extension Surveys with Matterport's Pro3 and Digital Twin Technology
Rhea-AI Summary
Resi partners with Matterport, reducing survey times by 25% and cutting capture hardware costs by 85%. Matterport's Pro3 and Digital Twin Platform enhance accuracy and productivity for Resi, the UK's leading home extension company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.53%
Tags
partnership
-
News
Matterport and KnowHow Partner to Accelerate Worker Training and Onboarding for Digital Twin Solutions in the Restoration Sector
Rhea-AI Summary
Matterport, Inc. partners with KnowHow to provide comprehensive training solutions for restoration experts, empowering them to utilize Matterport's AI-driven digital twin technology effectively. Through this partnership, KnowHow offers training on operating Pro series cameras, capturing spaces, and documenting effectively to optimize the use of Matterport's Digital Twin Platform in restoration projects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.11%
Tags
partnership
News
Matterport Introduces an All-in-One Carry Case for the Pro3 Camera, Enhancing Supply Chain Sustainability and Offering More Convenience and Portability For Customers
Rhea-AI Summary
Matterport, Inc. (MTTR) announces upgrades to the packaging and carrying case of its Pro3 camera to improve functionality and sustainability. The new design reduces shipping costs, carbon footprint, and enhances transport efficiency. The company aims to provide a more environmentally friendly and cost-effective solution for its customers and partners.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.47%
Tags
none
Stock MTTR logo
Matterport Inc

Nasdaq:MTTR

MTTR Rankings

#2119 Ranked by Market Cap
#4452 Ranked by Stock Gains
N/A Ranked by Dividends

MTTR Stock Data

600.05M
277.75M
1.98%
46.41%
2.87%
Software Publishers
Information
Link
US
Sunnyvale

About MTTR

Matterport is a developer of a 3D media platform used to establish 3D and virtual reality models.