HubSpot Stock Dives on Reports Alphabet Abandoning Acquisition Effort
HUBSHubSpot(HUBS) Investopedia·2024-07-11 05:00

Key TakeawaysHubSpot shares fell Wednesday after reports that Google parent company Alphabet is no longer interested in buying the customer relationship management company.Google stopped its efforts to buy HubSpot, according to reporting from Bloomberg.The deal, which would have been Alphabet's largest, would have helped the tech giant compete in the CRM space alogside Salesforce, Microsoft and Oracle. HubSpot (HUBS) shares tumbled after reports that Google parent Alphabet (GOOGL) is no longer pursuing an a ...