Tiger Brokers

Intuit Inc. Stock Slips 3.4%, Underperforms Peers

Dow Jones
10 hours ago

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Intuit Inc. slipped 3.4% to $357.46 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.3% to 7,677.28 and the Dow Jones Industrial Average rising 0.3% to 53,577.40.

The stock's fall snapped a two-day winning streak.

Intuit Inc. closed 49.3% below its 52-week high of $705.08, which the company achieved on September 22nd.

The stock underperformed when compared to some of its peers, as Adobe Inc. fell 0.9% to $273.92, Paychex Inc. fell 0.8% to $124.99, and Oracle Corp. rose 1.62% to $144.76.

Trading volume totaled 6.1 million, compared to the 50-day average of 4.5 million.

Data source: Dow Jones Market Data, FactSet

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