|Bid||671.00 x 1000|
|Ask||673.00 x 800|
|Day's range||661.19 - 692.93|
|52-week range||281.57 - 736.15|
|Beta (5Y monthly)||1.72|
|PE ratio (TTM)||N/A|
|Earnings date||03 Nov 2021 - 08 Nov 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||678.39|
Shares of HubSpot (NYSE: HUBS) were falling today as the 10-year Treasury yield increased to 1.5%, the highest it's been since June. Rising Treasury yields are often viewed as a negative thing for fast-growing technology stocks because they mean that debt spending will cost more for companies, eating into their long-term growth potential. The Nasdaq Composite, which is largely composed of tech stocks, fell by more than 1% this morning, though it had regained some of its losses by midafternoon.
Is it time to sell ARKK and pour it into Goldman's competing tech ETF?
Goldman Sachs just launched a novel new tech ETF that aims to get people invested in the next great tech companies.