Shares of Intuit Inc. INTU, 0.86% shed 1.08% to $525.41 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -0.08% falling 0.69% to 4,361.19 and Dow Jones Industrial Average DJIA, -0.11% falling 0.72% to 34,496.06. This was the stock’s second consecutive day of losses. Intuit Inc. closed $57.55 below its 52-week high ($582.96), which the company reached on August 25th.
The stock underperformed when compared to some of its competitors Monday, as Adobe Inc. ADBE, 1.55% fell 0.66% to $573.07, SAP SE ADR SAP, 0.02% fell 0.24% to $135.12, and Oracle Corp. ORCL, 0.46% rose 0.95% to $95.29. Trading volume (1.0 M) remained 64,996 below its 50-day average volume of 1.1 M.