@DamnRay 1 month ago
Intuit just had a brutal reaction
Intuit just had a brutal reaction
was down nearly 12% after warning that growth in its desktop software business is slowing. It's interesting because the company is still huge, but one weaker area was enough to completely change the mood around the stock. What do you think about this?
@Ethancollins 1 month ago
A 12% drop shows how high the expectations were, but if the desktop slowdown continues, investors may start questioning how sustainable the company’s growth really is.
@AntonioMyers 1 month ago
good point, but Intuit has such a strong hold on the market that it’s hard to see them staying down for long.
