Shares of Intuit Inc. INTU slid 3.06% to $461.44 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 1.23% to 4,456.24 and Dow Jones Industrial Average DJIA falling 1.29% to 34,358.50. Intuit Inc. closed $255.42 below 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 Wednesday, as Adobe Inc. ADBE fell 9.34% to $422.90, SAP SE ADR SAP fell 2.61% to $109.79, and Oracle Corp. ORCL fell 1.72% to $80.39. Trading volume (1.7 M) remained 301,760 below its 50-day average volume of 2.0 M.