Why HubSpot Stock Jumped on Wednesday
HubSpot (NYSE: HUBS) shareholders beat the market on Wednesday as shares rose 5% by 10:30 a.m. ET compared to a 0.4% increase in the wider market. The boost was supported by a rebound in many growth stocks that, like HubSpot, have sold off over the last few weeks. The Nasdaq Composite index was up 1% in early trading on Wednesday, or about double the gain in the wider S&P 500.