Why Intuit Stock (INTU) Is Sinking Today
Shares of (NASDAQ: INTU) are falling today, down 4.1% as of 1:35 p.m. ET. The drop came as the S 500 jumped 1.5% and the Nasdaq Composite jumped 1.8%.
Intuit reported relatively strong earnings, topping Wall Street forecasts for both revenue and profit, but guidance for its upcoming quarter disappointed investors.
Source Fool.com