HubSpot Inc. (HUBS) Plunges 5.19% on December 17

HubSpot Inc. (HUBS) Plunges 5.19% on December 17

HubSpot Inc. (HUBS) had a rough trading day for Monday December 17 as shares tumbled 5.19%, or a loss of $-6.87 per share, to close at $125.54. After opening the day at $130.99, shares of HubSpot Inc. traded as high as $131.00 and as low as $124.32. Volume was 472,087 shares over 6,156 trades, against an average daily volume of 486,470 shares and a total float of 39.23 million.

As a result of the decline, HubSpot Inc. now has a market cap of $4.93 billion. In the last year, shares of HubSpot Inc. have traded between a range of $162.20 and $85.66, and its 50-day SMA is currently $132.25 and 200-day SMA is $127.83.

Hubspot Inc. is a provider of cloud-based marketing and sales software solutions to mid-market businesses that are delivered through its centralized platform, which allows businesses to create personalized interactions with customers through emails and social media alerts. Its solutions include social media, search engine optimization, blogging, website content management, marketing automation, and data analytics capabilities. The company derives revenue from subscription fees to its solutions that are typically sold on an annual basis. A majority of the firm’s revenue is generated in the Americas, but it also has a presence in the Europe and Asia-Pacific regions.

HubSpot Inc. is based out of Cambridge, MA and has some 2,594 employees. Its CEO is Brian Halligan.

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