Loading...
Market
CoStar Stock Performance One Year Post-Acquisition
4
Resolution / Starting Odds
Increase over 30% • 33%
Increase 10-30% • 33%
Increase less than 10% or decrease • 34%
Stock market data
Story
CoStar Buys Matterport for $5.50/Share in $1.6B Deal; Shares Surge
Apr 22, 2024, 03:11 PM
CoStar Group has agreed to acquire Matterport, a leader in immersive 3D technology, in a deal valued at $1.6 billion. The transaction includes both cash and stock, priced at $5.50 per share, specifically $2.75 in cash and $2.75 in CoStar shares. This acquisition, which follows Matterport's public debut via SPAC, is part of CoStar's strategy to enhance its real estate data offerings by integrating Matterport's advanced spatial data technology. Following the announcement, Matterport's shares surged by over 170%, reflecting investor optimism about the potential synergies between the two companies.
View original story
Similar markets
Increase by more than 5% • 25%
Increase by less than 5% • 25%
Decrease by less than 5% • 25%
Decrease by more than 5% • 25%
Increase by more than 20% • 25%
Increase by 10-20% • 25%
Increase by less than 10% • 25%
No increase or decrease • 25%
Increase by more than 20% • 25%
Increase by 10%-20% • 25%
Decrease by 10%-20% • 25%
Decrease by more than 20% • 25%
Increase over 10% • 33%
Increase 5-10% • 33%
Less than 5% increase or decrease • 34%
Increase 10% or more • 33%
Increase less than 10% • 33%
Decrease or remain unchanged • 34%
Stock price increases by over 20% • 33%
Stock price increases by 10-20% • 33%
Stock price increases by less than 10% • 34%
Increase by over 10% • 25%
Increase by 5% to 10% • 25%
Increase by less than 5% • 25%
Decrease • 25%
Yes • 50%
No • 50%
Increase by 15% or more • 34%
Increase by 5% to 15% • 33%
Increase by less than 5% • 33%
Increase by 5% or more • 50%
Less than 5% increase or decrease • 50%