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Why HubSpot Crashed 13.9% Today

TheMotleyFool

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HubSpot (NYSE: HUBS) shares lost 13.9% of their value today, as a global stock market sell-off more than offset tailwinds associated with the company's solid financial performance in 2019.

HubSpot is a software-as-a-service technology company that offers tools that small and midsize companies use to improve their marketing, sales, and customer service. Although the business is growing rapidly, a 6.95% sell-off in the Invesco NASDAQ 100 ETF (NASDAQ: QQQ) created a stiff headwind today that bullish investors couldn't overcome.

IMAGE SOURCE: GETTY IMAGES.

Source Fool.com

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