HubSpot shares dropped more than 13% on Wednesday afternoon before closing down 12.1% at $492.31, after a report that Alphabet Google was no longer pursuing an acquisition of the software company. Bloomberg reported that Alphabet was talking to HubSpot earlier this year, but that the two sides “didn’t reach a point of detailed discussions about due diligence.” Alphabet shares closed up 1.2% at $191.18, reaching an intraday high of $191.75. Read More...
HubSpot shares dropped more than 13% on Wednesday afternoon before closing down 12.1% at $492.31, after a report that Alphabet Google was no longer pursuing an acquisition of the software company. Bloomberg reported that Alphabet was talking to HubSpot earlier this year, but that the two sides “didn’t reach a point of detailed discussions about due diligence.” Alphabet shares closed up 1.2% at $191.18, reaching an intraday high of $191.75.
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