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Why Matterport Is One of My Favorite New Growth Stocks

·6-min read
Why Matterport Is One of My Favorite New Growth Stocks
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Spatial data company Matterport (NASDAQ: MTTR) officially completed its SPAC merger with Gores Holdings VI on Thursday and officially began trading on the Nasdaq on Friday, July 23. The deal netted Matterport $605 million to fund the growth of its already high-growth business and it values the company at about $4.2 billion at Thursday's closing stock price. What is Matterport?

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