DJ Intuit Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Intuit Inc. $(INTU)$ slipped 4.13% to $649.81 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 2.95% to 5,872.16 and Dow Jones Industrial Average falling 2.58% to 42,326.87.
The stock's fall snapped a two-day winning streak.
Intuit Inc. closed $64.97 short of its 52-week high ($714.78), which the company reached on November 13th.
The stock underperformed when compared to some of its competitors Wednesday, as Adobe Inc. $(ADBE)$ fell 3.06% to $441.31, Paychex Inc. $(PAYX)$ fell 3.15% to $135.86, and Oracle Corp. $(ORCL)$ fell 2.53% to $165.41.
Trading volume (2.3 M) eclipsed its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 2024.
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(END) Dow Jones Newswires
December 18, 2024 16:37 ET (21:37 GMT)
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