01:35 PM EDT, 04/22/2024 (MT Newswires) -- CoStar ( CSGP ) agreed to acquire Matterport ( MTTR ) in a cash-and-stock deal valued at $5.50 per share, reflecting an enterprise value of about $1.6 billion, the companies said Monday.

Wedbush Securities raised Matterport's ( MTTR ) price target to $5.50 from $4 on the heels of the sale while maintaining its neutral rating.

Matterport ( MTTR ) shares surged 179% as intraday trading volume soared to over 52.5 million compared to a daily average of about 2.65 million.

mF International ( MFI ) said Friday that it priced its initial public offering of about 1.7 million ordinary shares at $4.50 apiece for expected gross proceeds of about $7.5 million.

Shares catapulted 161.5% as intraday trading volume shot up more than 2.8 million.

Edible Garden ( EDBL ) said Monday it regained compliance with Nasdaq's minimum bid-price requirement.

Shares surged 62.5% as intraday trading volume climbed to more than 14.2 million versus the stock's daily average of about 274,000.