Why HubSpot Rallied Today
Shares of (NYSE: HUBS) were rallying on Tuesday, up 8.9% as of 3:24 p.m. ET.
Today, CNBC's David Faber reported that the recent rumors of acquisition talks between HubSpot and Google parent Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), which have been circulating for about a month, were true.
Moreover, the potential acquisition would be an all-stock deal. That's interesting and somewhat surprising, and could result in an even bigger benefit for HubSpot shareholders.
Source Fool.com
Hubspot Inc. Stock
€546.80
0.590%