With Shares Down Nearly 30%, Is Now the Time to Buy This Tech Software Stock?
HUBSHubSpot(HUBS) The Motley Fool·2024-08-06 17:51

The software stock just got much cheaper, relative to revenue and cash flow.Hubspot (HUBS -2.19%) shares are below 500afterfallingfromtheir2024highof500 after falling from their 2024 high of 682, achieved in April. The stock is down 16% year to date and 30% from its 2024 high.Big changes to valuation can be important signals for investors to take action. Either the stock is available at a newly discounted price or there's a fundamental issue that's likely to create more problems.The latest financial results were generally positiveHubspot' ...