Intuit Plunges 5.73% on Profit-Taking as $2.29B Volume Ranks 25th in S&P 500

On August 11, 2025, Intuit (INTU) fell 5.73% to $711.74, marking its largest intraday decline since April 10. Trading volume surged 82.63% to $2.29 billion, ranking it 25th in the S&P 500. The drop extended a three-day losing streak, with cumulative losses of 8.69%, the worst three-day performance since April 8. The stock closed near its lowest level since May 22, signaling heightened market skepticism amid broader tech sector volatility.

The decline reflects deteriorating short-term momentum, with Intuit down 9.35% month-to-date despite a 13.25% year-to-date gain. Analysts attribute the selloff to profit-taking following a recent rally and broader concerns over macroeconomic uncertainty. The stock’s weakness also underscores its role as a bellwether for tech valuations, as it ranks among the Nasdaq 100’s most actively traded names. Persistent selling pressure has pushed the stock to a 11.85% discount from its July 30 all-time high, raising questions about near-term sustainability of its growth trajectory.

A backtested trading strategy of purchasing the top 500 most actively traded stocks and holding for one day delivered a 166.71% return from 2022 to the present, outperforming the benchmark by 137.53%. This highlights the significance of liquidity concentration in capturing short-term momentum, particularly in volatile markets. Intuit’s recent trading dynamics align with this principle, as high-volume stocks often exhibit sharper price swings in response to market sentiment shifts.