Why Intuit Stock Popped Today
Shares of Intuit (NASDAQ: INTU) jumped on Friday after the tax and accounting software leader delivered outstanding fiscal 2022 first-quarter earnings results.
As of 2:05 p.m. ET, Intuit's stock price was up 9%.
The provider of TurboTax and QuickBooks software saw its revenue surge 52% year over year to $2 billion. That bested Wall Street's estimates, which had called for revenue of $1.8 billion.
Source Fool.com
