HubSpot shares surged by approximately 8% following reports from CNBC's David Faber that Alphabet is in talks to acquire the marketing software firm in an all-stock deal. Faber confirmed that there have been numerous reports about these discussions and stated his understanding that the information is accurate. The news has led to a significant rise in HubSpot's stock price, with $HUBS now up +7%, reflecting investor optimism about the potential acquisition by $GOOGL.
this morning, a cnbc report resuscitated the discourse that google might buy hubspot, sending the marketing software firm's shares up ~8% wondering what's in it for both parties? i wrote about that last week for @theinformation https://t.co/sdrJK5Nl3Z
$GOOGL in talks with HubSpot over an all-stock deal: CNBC
HubSpot shares jump 8%+ after CNBC's David Faber reported that Alphabet is in talks about an all-stock bid for the company (@jenn_elias / CNBC) https://t.co/b2xTPMzp4L 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/lEV9o2oV6K
HubSpot shares jump on talks of potential Google deal https://t.co/7Tt09k7CZ0
HubSpot $HUBS stock jumps as CNBC’s Faber confirms Alphabet acquisition talks https://t.co/HwPecg8U96 https://t.co/LbM2n3djgu
$HUBS now up +7% after David Faber on CNBC said that there "have been many reports about HubSpot being in conversations with $GOOGL; my understanding is absolutely true. It's an all-stock deal for Alphabet to acquire HubSpot."
CNBC's David Faber said that there have been many reports of HubSpot being in conversations with Google. Faber said that his understanding is that this is "absolutely true," that Alphabet is planning an all-stock bid to acquire HubSpot. $HUBS $GOOGL