Shares of Intuit Inc. INTU, -0.47% slid 2.99% to $381.88 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, +0.48% falling 0.31% to 3,946.56 and Dow Jones Industrial Average DJIA, +0.59% falling 0.02% to 33,546.32. This was the stock’s second consecutive day of losses. Intuit Inc. closed $334.98 below its 52-week high ($716.86), which the company reached on November 19th.
The stock underperformed when compared to some of its competitors Thursday, as Adobe Inc. ADBE, -2.06% fell 0.17% to $337.83, SAP SE ADR SAP, -2.71% rose 0.68% to $111.82, and Oracle Corp. ORCL, +0.67% fell 0.86% to $79.20. Trading volume (2.0 M) eclipsed its 50-day average volume of 1.8 M.