Intuit Inc. (INTU) Dips 3.69% for September 08

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Intuit Inc. (INTU) Dips 3.69% for September 08

Equities Staff

Tuesday, 08 September 2020 17:05 (EST)

Among the S&P 500’s biggest fallers on Tuesday September 08 was Intuit Inc. (INTU). The stock experienced a 3.69% decline to $320.82 with
1.52 million shares changing hands.

Intuit Inc. started at an opening price of 320.79 and hit a high of $329.36 and a low of $319.65. Ultimately, the stock took a hit and finished the day at $12.29 per share.
Intuit Inc. trades an average of n/a shares a day out of a total 261.81 million shares outstanding. The current moving averages are a 50-day SMA of $n/a
and a 200-day SMA of $n/a.
Intuit Inc. hit a high of $360.00 and a low of $187.68 over the last year.

Intuit is a provider of small-business accounting software (QuickBooks), personal tax solutions (TurboTax), and professional tax offerings (Lacerte). Founded in the mid-1980s, Intuit controls the majority of U.S. market share for small-business accounting and DIY tax-filing software.

With its headquarters located in Mountain View, CA, Intuit Inc. employs 10,600 people. After today’s trading, the company’s market cap has fallen to $83.99 billion, a P/S of n/a, a P/B of 16.45, and a P/FCF of n/a.

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For all the attention paid to the Dow Jones Industrial Average (DJIA), it’s the S&P 500 that’s relied on by insiders and institutional investors. It represents the industry standard for American
large-cap indices.

The Dow is made up of just 30 stocks to the S&P 500’s 500, and it uses an unreliable and outdated price-weighting system where the S&P 500 relies on market cap in weighting its returns. This is why
its long-term returns is a much more reliable gauge for the performance of large- and mega-cap stocks over time.

To get more information on Intuit Inc. and to follow the company’s latest updates, you can visit the company’s profile page here:
INTU’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit’s
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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