Shares of HubSpot Inc. (HUBS) declined more than 12% yesterday as various media reports revealed that Alphabet Inc. (GOOGL) has shelved plans to acquire this customer relationship management (“CRM”) firm. Although spokespersons of both companies have refused to comment on the market speculation, sources familiar with the proceedings have confirmed the same.HubSpot, headquartered in Cambridge, MA, specializes in providing sales and marketing software to small and midsize businesses, leveraging digital channe ...