Post by
laurencelefou on Jan 21, 2022 3:32pm
From $33 to $10 in last then two months
On November 29, 2021 Matterport (MTTR) shares traded at US$33, today (2022-01-21) the share price touched US$10.
Comment by
Torontojay on Jan 21, 2022 4:33pm
I just don't get how people justify paying such absurd prices for these companies.
Comment by
kaykay22222 on Jan 21, 2022 4:39pm
At $10 share price, the P/S is still 32x with 10% annual revenue growth. Share count is ridiculous.