Tiger Brokers

Intuit Inc. Stock Slides 3.5%, Underperforms Peers

Dow Jones
Aug 15

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Intuit Inc. slid 3.5% to $345.66 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.2% to 7,785.76 and Dow Jones Industrial Average falling 0.2% to 53,732.41.

Intuit Inc. closed 52.1% short of its 52-week high of $721.54, which the company achieved on August 18th.

The stock demonstrated a mixed performance when compared to some of its peers, as Adobe Inc. fell 2.4% to $264.02, Paychex Inc. fell 2.7% to $122.02, and Oracle Corp. fell 3.65% to $150.52.

Trading volume totaled 3.2 million, compared to the 50-day average of 4.8 million.

Data source: Dow Jones Market Data, FactSet

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