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MTTRSilicon Valley Business

Matterport stock soars 32% on spec it's going to be a big winner in FB Meta15892

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Silicon Valley Business Journal (1 November 2021) Matterport stock has soared 32% on speculation it's going to be a big winner in Facebook's metaverse

"Shares of Matterport Inc. have jumped 32% since Facebook CEO Mark Zuckerberg said he was changing his company's name to Meta and re-focusing it on developing augmented and virtual reality technologies. Zuckerberg's announcement fed speculation that one of the beneficiaries of its new focus would be Matterport," reports Silicon Valley Business Journal.
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MeshImages private msg quote post Address this user
Question is: Will Facebook Meta be a winner?

My short answer: As long as there is no better hardware, Facebook´s Metaverse will remain a vision. I have an Oculus Quest connected to my main workstation, but I rarely use it.
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Harrycayman private msg quote post Address this user
Hi

Does anybody know which VR Goggles Matterport is recommending for use with Virtual tours now?

harry
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Regina, Saskatchewan Canada
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@Harrycayman Oculus Quest 2 is the best in my opinion. There are more powerful ones that require tethering to a gaming laptop to operate, but the Quest 2 is a winner for being cord free.
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Regina, Saskatchewan Canada
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MTTR earnings report is after close of market today... Any predictions on how that plays out? I would think subscriptions must be up. I guess it'll depend on what capital costs they had for the quarter.
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Screen Grab: Landing Page for this Matterport web page

You can listen to the Matterport Fiscal 2021 Third Quarter Results – live at 4:30 pm EDT today, Wednesday, 3 November 2021 on this Matterport Landing Page.

Dan
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