Why HubSpot Stock Popped Today
Shares of HubSpot (NYSE: HUBS), a marketing and customer-service software company, were rising quickly this morning after the company beat Wall Street's revenue and earnings expectations for the fourth quarter.
As a result, the software-as-a-service (SaaS) stock was up by 13.6% as of 10:33 a.m. on Friday.
HubSpot reported adjusted earnings of $1.17, which were up from just $0.63 per share in the year-ago quarter. The fourth-quarter earnings were far better than analysts' average estimate of $0.82.
Source Fool.com