Intuit Stock Drops After Strong Q3 Results
Despite Intuit's fiscal third-quarter results beating Wall Street estimates, its stock plummeted by 18.6% following the earnings report on May 20. The company raised full-year guidance for both sales and adjusted earnings per share but investors focused on potential warning signs in the report.
Tickers: $INTU
Topics: Intuit market reaction Q3 earnings report stock price drop