Why HubSpot Stock Gained 16% in April
HubSpot (NYSE: HUBS) shareholders beat a booming market last month. Investors bid the customer relationship management software provider's stock up in anticipation of a potentially strong earnings report in early May. HubSpot said three months ago that sales would reach at least the high end of its prior outlook for the fiscal first quarter, and that prediction added to rising optimism on Wall Street in April. HubSpot's earnings report in early May did in fact show surprising strength.
