Previous close | 4.4000 |
Open | 4.4000 |
Bid | 4.4000 |
Ask | 12.9000 |
Strike | 370.00 |
Expiry date | 2025-01-17 |
Day's range | 4.4000 - 4.4000 |
Contract range | N/A |
Volume | |
Open interest | 37 |
Shares of sales and marketing software maker HubSpot (NYSE:HUBS) jumped 9.5% in the morning session after CNBC's David Faber confirmed rumors that Alphabets is in talks to acquire the company. Faber added, "There have been many reports about HubSpot being in conversations with Google...My understanding is absolutely true, all stock deal for Alphabet to acquire HubSpot."
Google parent Alphabet's potential acquisition of HubSpot, a U.S. marketing software maker with a market value of $31 billion, would boost its ability to compete against Microsoft in offering cloud-based applications to companies. Reuters reported last month that Google was exploring an offer for HubSpot. Such a deal would be Google's biggest, expanding its products and applications that serve businesses, analysts and investment bankers said in interviews.
HubSpot (HUBS) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.