Shares of Intuit Inc. INTU, +5.05% slumped 0.64% to $353.89 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, +2.39% falling 0.13% to 3,930.08 and Dow Jones Industrial Average DJIA, +1.47% falling 0.33% to 31,730.30. This was the stock’s second consecutive day of losses. Intuit Inc. closed $362.97 short of 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, +4.37% rose 2.41% to $388.49, SAP SE ADR SAP, +1.79% rose 1.44% to $96.97, and Oracle Corp. ORCL, +0.62% fell 0.42% to $70.73. Trading volume (3.3 M) eclipsed its 50-day average volume of 1.9 M.