Intuit's Trading Volume Surges 61% to $1.22 Billion, Ranks 87th in Market
Generated by AI AgentAinvest Market Brief
Monday, May 12, 2025 8:00 pm ET1min read
INTU--
On May 12, 2025, Intuit's trading volume reached $1.22 billion, marking a 61.03% increase from the previous day, placing it 87th in the day's stock market rankings. IntuitINTU-- (INTU) rose by 1.29%.
Intuit has agreed to acquire GoCo, a deal expected to close in the coming months. This acquisition is part of Intuit's strategy to expand its offerings in the financial management and payroll services sector. GoCo's innovative solutions are anticipated to complement Intuit's existing products, enhancing the company's competitive edge in the market.
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