Why HubSpot Plunged Almost 20% on a Good Week for the Markets

Shares of digital-marketing software company HubSpot (NYSE: HUBS) fell 19.1% this week as of 12:30 p.m. EDT Friday, according to data from S&P Global Market Intelligence.HubSpot fell even though the broader markets were positive this week. But in this case, HubSpot's weekly decline didn't have anything to do with fundamentals but rather a rumored acquisition of the company that now appears to be off the table. But is the pullback a buying opportunity?Back in April, a Reuters report said that HubSpot and Google parent Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) were in advanced talks around an acquisition. Unsurprisingly, HubSpot rallied on the news back then, as it was anticipated the deep-pocketed Google would pay a substantial premium. Then in late May, CNBC also confirmed the talks between Alphabet and HubSpot were still on. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool