Intuit Stock Drops Despite Strong Earnings and Raised Guidance
Shares of Intuit (INTU) fell by 20% after the company reported a strong quarter with revenue growth and raised its full-year forecast, but concerns over AI disrupting key services led to investor skepticism. The stock has declined more than 50% in 2026.
Tickers: $INTU
Topics: AI disruption concerns earnings layoffs stock price drop