HubSpot falls after Alphabet drops acquisition efforts: Rpt.

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Software Company News

Bloomberg,Alphabet,Hubspot

Shares of HubSpot (HUBS) fell sharply after Bloomberg reported Alphabet (GOOGL, GOOG) has abandoned its pursuit of acquiring the software company. The deal...

) has abandoned its pursuit of acquiring the software company. The deal would've been one of the biggest of the year had it come to fruitiion.That's shares dropping after Alphabet reportedly shelved its efforts to acquire the software company that, according to a report from Bloomberg, the shares are plunging some 13% right now.HUBSPOT has a $27 billion market value, so this would have been a big, big deal if it if it would have happened there.

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