Why HubSpot Stock Skyrocketed 150% in 2020

Shares of HubSpot (NYSE: HUBS) spiked 150.1% last year, according to data provided by S&P Global Market Intelligence, as the company reported several quarterly earnings beats throughout the year and experienced impressive customer growth during the pandemic.

HubSpot is an inbound marketing company that uses its software services to help companies attract new customers and keep the ones it has. The tech stock experienced significant growth last year as companies looked to HubSpot's customer relationship management software to help them adapt to new challenges during lockdowns and social distancing. 

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Source Fool.com