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Here's Why HubSpot Surged 11% in March

TheMotleyFool

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Here's Why HubSpot Surged 11% in March: https://g.foolcdn.com/editorial/images/727707/gettyimages-1190266570.jpg

HubSpot (NYSE: HUBS) shares climbed 10.8% last month, according to data provided by S&P Global Market Intelligence, thanks to well-received product updates and positive momentum across the tech sector. The marketing software company published a fantastic quarterly earnings report in February, setting the stage for gains when market conditions improved in March.

HubSpot had serious momentum heading into March. The stock rose 34% in the first two months of the year, helped along by better-than-expected earnings results. When tech stocks jumped higher to close out the quarter, HubSpot was in prime position to reap those rewards.

Image source: Getty Images.

Source Fool.com

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