Why HubSpot Stock Fell 18% in December
HubSpot (NYSE: HUBS) shareholders lost ground to the market last month, with the stock falling 18% compared to a 4% gain by the broad S&P 500 index, according to data provided by S&P Global Market Intelligence. That decline wasn't enough to send the stock lower for the year, though: The enterprise software specialist more than doubled the S&P's 500 27% increase for 2021 overall.
December's slump came as some investors moved away from high growth stocks, like HubSpot, which had rallied earlier in the year.
Image source: Getty Images.
Source Fool.com