Reported 15 days ago
Intuit Inc. (INTU) faced a stock decline as highlighted in Macquarie Asset Management's third-quarter investor letter for 2025, which attributed the lag to market conditions and perceived threats from advancements in AI technologies. Despite reporting substantial revenue growth and solid business fundamentals, the company saw a one-month return of -0.83%, raising investor concerns even amidst an overall positive market for AI-themed stocks.
Source: YAHOO