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With a market cap of $99.1 billion, Intuit Inc. (INTU) is a global financial technology company dedicated to powering prosperity for individuals, businesses, and communities worldwide. Serving approximately 100 million customers through trusted products like TurboTax, Credit Karma, QuickBooks, Mailchimp, and Intuit Enterprise Suite, the company delivers innovative solutions that help people achieve financial success.
Shares of the Mountain View, California-based company have lagged behind the broader market over the past 52 weeks. INTU stock has decreased 48.2% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 20.2%. Moreover, shares of the company have fallen 45.3% on a YTD basis, compared to SPX's 12.3% gain.
