Tiger Brokers

Intuit Inc. Stock Rallies 7.0%, Outperforms Peers

Dow Jones
Aug 14

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

Shares of Intuit Inc. rallied 7.0% to $358.29 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.7% to 7,798.99 and the Dow Jones Industrial Average rising 0.1% to 53,839.99.

Intuit Inc. closed 50.3% short of its 52-week high of $721.54, which the company reached on August 18th.

The stock outperformed some of its peers, as Adobe Inc. rose 4.5% to $270.49, Paychex Inc. rose 4.2% to $125.40, and Oracle Corp. rose 1.92% to $156.22.

Trading volume totaled 4.6 million, compared to the 50-day average of 4.9 million.

Data source: Dow Jones Market Data, FactSet

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