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.

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Source Fool.com