1 Nasdaq Stock Down 75% That Could Crush the Market

Harsh Chauhan, The Motley Fool

May 19, 2022 at 7:31 a.m.·4 min read

1 Nasdaq Stock Down 75% That Could Crush the Market

Investors in Matterport (NASDAQ: MTTR) have not been enjoying its stock performance in 2022 -- down 75%, thanks to the market's overall negativity about the tech sector. Let's take a closer look at Matterport's latest numbers and consider what could lie in store for this beaten-down tech stock in the long run. Matterport enables its customers to create "digital twins" of physical objects and spaces in the real world with the help of devices such as 3D cameras, 360-degree cameras, and even smartphones, and use the data they gather in an array of valuable ways.

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