DJ Intuit Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Intuit Inc. $(INTU)$ advanced 4.78% to $648.39 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.53% to 5,929.04 and the Dow Jones Industrial Average rising 3.57% to 43,729.93.
The stock's rise snapped a two-day losing streak.
Intuit Inc. closed $28.23 below its 52-week high ($676.62), which the company achieved on May 23rd.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Adobe Inc. $(ADBE)$ rose 3.78% to $504.83, Paychex Inc. $(PAYX)$ rose 6.32% to $148.59, and Oracle Corp. $(ORCL)$ rose 5.51% to $181.24.
Trading volume (3.0 M) eclipsed its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 6, 2024.
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November 06, 2024 16:38 ET (21:38 GMT)
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