HubSpot is trading 4.4% up at $211.39, primarily as software stocks rally and rate-cut expectations support growth stocks.
- Shares are rebounding from the August 6 earnings-related selloff.
- HubSpot beat second-quarter revenue and adjusted EPS expectations, but its lower full-year revenue outlook and AI transition had previously pressured shares.
- A weak July jobs report increased expectations for Federal Reserve rate cuts.