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

Shares of digital-marketing software company HubSpot (HUBS -3.55%) fell 19.1% this week as of 12:30 p.m. EDT Friday, according to data from S&P Global Market Intelligence. Reports: Alphabet backs away However, according to a Bloomberg report on Wednesday of this week, that deal now appears to be off, with Bloomberg saying that the deal didn't even make it to the substantial due-diligence phase. Therefore, HubSpot's weekly decline is likely due to it losing that acquisition premium that may have been built i ...