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Matterport (NASDAQ: GHVI) is a technology company going public through a special purpose acquisition corporation (SPAC) called Gores Holding VI. Since the merger was announced in February, share prices of the SPAC have gone on a wild ride, soaring over 100% to $20 a share before settling down to around $14.75, which is where the stock sits today.
Matterport calls itself a "spatial data company" that is trying to help digitize the physical world through its "digital twin" strategy. Is the stock a buy? Let's take a look.