So are we banning TikTok or what? Also: Can an influencer really tank an $800M company? [TechCrunch]
Matterport, Inc. - Class A (MTTR)
Company Research
Source: TechCrunch
Ticktock, TikTok: It's been a wild week for TikTok. Even as the company starts testing its Twitter competitor in certain markets and launches its luxury secondhand shop in the U.K. , it's finding a lot of friction in the land of the free and the home of the brave: In an episode of “As the TikTok Turns,” the U.S.'s esteemed House of Representatives, in a rare show of bipartisanship, has passed a bill to give TikTok's parent company a nine-month ultimatum: Sell or face extinction in the U.S. This is like giving your teenager an extra three months to clean their room before grounding them … forever! The bill also comes with a magic “90-day extension” button for the president's use only. How thoughtful! It seems this move has appeased some Senate skeptics, and even President Biden is on board. Critics argue this ban could infringe free speech rights and hurt businesses. (Who knew viral dances were so crucial to our economy?) On the flip side, as one lawmaker puts it — consider it less
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MTTR
News
- Matterport, Inc. (MTTR) Reports Q1 Loss, Misses Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Matterport (NASDAQ:MTTR) Reports Q1 In Line With Expectations, To Be Acquired [Yahoo! Finance]Yahoo! Finance
- Matterport Announces First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Matterport Announces First Quarter 2024 Financial ResultsGlobeNewswire
- Matterport Earnings: What To Look For From MTTR [Yahoo! Finance]Yahoo! Finance
MTTR
Earnings
- 5/6/24 - Beat
MTTR
Sec Filings
- 5/6/24 - Form 425
- 5/6/24 - Form 425
- 5/6/24 - Form 8-K
- MTTR's page on the SEC website