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Is Matterport a Stock for the Long Haul?

TheMotleyFool

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Special purpose acquisition companies (SPACs) have taken over the market. These shell companies, essentially just a pile of cash, merge with private businesses to quickly take them public without going through the more arduous IPO process. One recent SPAC, Gores Holding VI (NASDAQ: GHVI), is going to merge with Matterport, a spatial data company looking to help bring about more digital transformation in the real estate and construction industries.

Is Matterport a stock for the long haul? Let's investigate.

Image source: Getty Images

Source Fool.com

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