Intuit Inc. shares fall on Tuesday, underperforming the market

Shares in Intuit Inc.
INTU,
-1.15%

released 1.15% to $ 401.75 on Tuesday, what turned out to be a serious gloomy trading session for the stock market, with the S&P 500 index
SPX,
-0.81%

fell 0.81% to 3,870.29 and the Dow Jones Industrial Average
DJIA,
-0.46%

fell 0.46% to 31391.52. The stock fell a two-day winning streak. Intuit Inc. closed $ 21.99 below its 52-week high ($ 423.74), which the company reached on February 16.

The stock underperformed some of its competitors on Tuesday, as Adobe Inc.
ADBE,
-0.63%

fell 0.63% to $ 466.59, SAP SE ADR
SAP,
+ 0.74%

rose 0.74% to $ 125.34 and Oracle Corp.
ORCL,
+ 0.74%

rose 0.74% to $ 66.66. The trading volume (1.2 million) was still 170,238 below the average volume of 1.3 days of 1.3 million.

Editor’s Note: This story was automatically generated by Automated Insights using data from Dow Jones and FactSet. See our terms of use for market data.

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