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The Globe and Mail

The Globe and Mail offers the most authoritative news in Canada, featuring national and international news

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theglobeandmail.com > investing > markets > stocks > INTU > pressreleases > 4114821 > why-intuit-stock-dropped-today

Why Intuit Stock Dropped Today

2+ week, 3+ day ago   (431+ words) Intuit crushed earnings last night. Then it issued guidance for next year, and investors sold the stock. Intuit stock sells for under a 1.0 PEG ratio, and looks cheap. Intuit (NASDAQ: INTU) stock fell 4% through 10:50 a.m. ET Wednesday despite reporting strong Q4 and…...