From Nasdaq: 2024-07-11 10:37:00

Shares of HubSpot Inc. (HUBS) dropped over 12% after reports surfaced that Alphabet Inc. (GOOGL) abandoned plans to acquire the CRM firm. The potential deal, valued at $35 billion, could have boosted Alphabet’s presence in CRM and cloud computing. Despite the setback, HubSpot remains a Zacks Rank #3 (Hold) stock.

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