Intuit's $10.77 Billion Trading Day Lands 84th in Market Ranking Despite 28% Volume Drop

Generated by AI AgentAinvest Volume Radar
Thursday, Jul 24, 2025 7:10 pm ET1min read
Aime RobotAime Summary

- Intuit (INTU) saw $10.77B trading volume on July 24, 2025, down 28.18% but marked 4th consecutive days of 0.67% gains.

- The company reported 15% YoY revenue growth driven by TurboTax and QuickBooks demand, with $7B Credit Karma acquisition expanding personal finance reach.

- CEO Sasan Goodarzi emphasized AI/ML investments and ecosystem expansion, positioning Intuit to capitalize on rising financial services demand through innovation and customer-centric strategies.

On July 24, 2025, Intuit's trading volume was $10.77 billion, down 28.18% from the previous day, ranking 84th in the day's stock market.

(INTU) rose 0.67%, marking its fourth consecutive day of gains, with a total increase of 3.80% over the past four days.

Intuit, the financial software company, has been making significant strides in the market. The company's recent earnings report showed a strong performance, with revenue increasing by 15% year-over-year. This growth was driven by a surge in demand for its tax preparation software, TurboTax, as well as its small business accounting software, QuickBooks.

Intuit's CEO, Sasan Goodarzi, highlighted the company's commitment to innovation and customer satisfaction. He noted that the company's investments in artificial intelligence and machine learning have paid off, allowing Intuit to offer more personalized and efficient services to its customers. Goodarzi also emphasized the importance of Intuit's ecosystem, which includes a wide range of financial services and products that cater to both individuals and businesses.

In addition to its strong financial performance, Intuit has also been making strategic acquisitions to expand its market reach. The company recently acquired Credit Karma, a personal finance company, for $7 billion. This acquisition is expected to enhance Intuit's capabilities in the personal finance space and provide new opportunities for growth.

Overall, Intuit's recent performance and strategic initiatives have positioned the company for continued success in the financial software market. With a strong focus on innovation and customer satisfaction, Intuit is well-positioned to capitalize on the growing demand for financial services and products.

Comments



Add a public comment...
No comments

No comments yet