Shares of Intuit Inc. INTU slid 1.64% to $464.95 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.79% to 4,328.87 and Dow Jones Industrial Average DJIA falling 0.53% to 33,614.80. This was the stock’s second consecutive day of losses. Intuit Inc. closed $251.91 short of its 52-week high ($716.86), which the company achieved on November 19th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Adobe Inc. ADBE fell 1.51% to $452.13, SAP SE ADR SAP fell 2.67% to $106.10, and Oracle Corp. ORCL fell 2.25% to $76.49. Trading volume (1.6 M) remained 199,859 below its 50-day average volume of 1.8 M.
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