DJ Intuit Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Intuit Inc. $(INTU)$ rose 1.92% to $697.35 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.10% to 6,001.35 and the Dow Jones Industrial Average rising 0.69% to 44,293.13.
This was the stock's fourth consecutive day of gains.
Intuit Inc. hit a new 52-week high, surpassing its previous peak of $688.88, which the company reached on November 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Adobe Inc. $(ADBE)$ rose 1.98% to $504.48, Paychex Inc. $(PAYX)$ rose 0.11% to $148.73, and Oracle Corp. $(ORCL)$ fell 0.06% to $189.13.
Trading volume (1.4 M) eclipsed its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 11, 2024.
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November 11, 2024 16:37 ET (21:37 GMT)
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