Intuit fell 2.3% to $269.40 Monday, fifth straight day of losses, as analyst caution weighs
What happened
Intuit shares shed 2.32% to $269.40 on Monday, underperforming competitors in a broad market selloff. This was the stock's fifth consecutive day of losses, and it closed about 62% below its 52-week high of $703.96, as persistent analyst caution (Goldman Sachs and Piper Sandler Sell ratings, UBS/Wells Fargo Holds) and AI-disruption worries continue to weigh on sentiment.
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- Intuit (INTU)
- software peers (ADBE, ORCL, PAYX)
Sources