Matterport Stock: Bear vs. Bull
Matterport (NASDAQ: MTTR) bears are out in full force this year as shares of the spatial data company that maps spaces in three-dimensional (3D) formats and makes digital twins have fallen a whopping 80% so far in 2022. Matterport had spiked handsomely last year after it made its stock market debut via the special purpose acquisition company (SPAC) route. Let's look at the reasons why the market has turned bearish on Matterport stock.